£133,334
This estimated value is based upon the latest sale price for the house of £129,950 on 15 Nov 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £129,950 | 15 Nov 2023 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in November 2023 the House Price Index for COUNTY DURHAM was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £129,950 results in an estimated price of approximately £133,334.
| 15 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £129,950 | £3,384 | £133,334 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 38.401 % | £49,901 | £179,851 |
| 3 Month Average | 13.502 % | £17,546 | £147,496 |
| 6 Month Average | 7.684 % | £9,985 | £139,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £133,335 | £129,950 | 22 GEORGE STREET |
| 22 Sep 2023 | £209,365 | £204,750 | 25 LUMLEY TERRACE |
| 16 Jun 2023 | £122,454 | £120,000 | 14 WELDON TERRACE |
| 22 Jul 2022 | £175,761 | £174,000 | 18 YORK TERRACE |
| 8 Jul 2022 | £147,983 | £146,500 | 40 LAMBTON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Stanley Terrace |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Weldon Terrace |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Coronation Street |
| Sep 2024 | Anti-social behaviour | On or near Lumley Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Lumley Terrace |