£166,790
This estimated value is based upon the latest sale price for the house of £110,000 on 26 Sep 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £110,000 | 26 Sep 2014 |
| £46,950 | 31 May 1996 |
| 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 September 2014 the House Price Index for DURHAM was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £110,000 results in an estimated price of approximately £166,790.
| 26 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £110,000 | £56,790 | £166,790 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 10.029 % | £11,031 | £121,031 |
| 3 Month Average | 30.093 % | £33,102 | £143,102 |
| 6 Month Average | 10.115 % | £11,126 | £121,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £163,607 | £160,000 | 33 WELBURY GROVE |
| 10 Feb 2023 | £120,807 | £120,000 | 18 MELLANBY CRESCENT |
| 22 Jul 2022 | £166,670 | £165,000 | 9 MELLANBY CRESCENT |
| 27 Jun 2022 | £86,857 | £85,000 | 33 KEMBLE GREEN EAST |
| 22 Apr 2022 | £149,389 | £144,000 | 53 WELBURY GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bulmer Close |
| Jul 2024 | Anti-social behaviour | On or near Bulmer Close | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bulmer Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Welbury Grove |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maling Green |