£126,607
This estimated value is based upon the latest sale price for the house of £72,000 on 5 May 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Glenhurst Road
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| Price Paid | Date |
|---|---|
| £72,000 | 5 May 2006 |
| £59,995 | 29 Oct 2004 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in May 2006 the House Price Index for DURHAM was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £72,000 results in an estimated price of approximately £126,607.
| 5 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £72,000 | £54,607 | £126,607 |
The Postcode Pricing Model uses changes in average sales price within the SR8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -0.587 % | £-422 | £71,577 |
| 3 Month Average | -5.262 % | £-3,788 | £68,211 |
| 6 Month Average | -17.534 % | £-12,624 | £59,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £52,000 | £52,000 | 11 PARADISE LANE |
| 28 Mar 2024 | £116,794 | £115,000 | 8 PARADISE CRESCENT |
| 13 Dec 2023 | £34,046 | £33,000 | 12 MONCRIEFF TERRACE |
| 2 Nov 2023 | £54,380 | £53,000 | 14 RYDAL MOUNT |
| 7 Jun 2023 | £71,431 | £70,000 | 8 DAVIS TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Glenhurst Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glenhurst Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenhurst Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Glenhurst Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Glenhurst Road |