£155,657
This estimated value is based upon the latest sale price for the house of £69,000 on 24 Oct 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,000 | 24 Oct 2003 |
| Detached |
| 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 October 2003 the House Price Index for DURHAM was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £69,000 results in an estimated price of approximately £155,657.
| 24 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £69,000 | £86,657 | £155,657 |
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 | 27.864 % | £19,226 | £88,226 |
| 3 Month Average | 36.757 % | £25,362 | £94,362 |
| 6 Month Average | 52.535 % | £36,248 | £105,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £53,464 | £53,000 | 5 HATFIELD PLACE |
| 27 Oct 2023 | £38,883 | £38,000 | 7 ADRIAN PLACE |
| 20 Jan 2023 | £74,198 | £74,000 | 2 BRAKESPEARE PLACE |
| 6 Jan 2023 | £60,161 | £60,000 | 9 BRAKESPEARE PLACE |
| 11 Aug 2022 | £85,399 | £85,000 | 23 ADRIAN PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bede Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bede Way |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Bede Way |
| May 2024 | Anti-social behaviour | On or near Bede Way | |
| May 2024 | Anti-social behaviour | On or near Bede Way |