£74,817
This estimated value is based upon the latest sale price for the house of £48,000 on 14 Jan 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £48,000 | 14 Jan 2008 |
| Semi-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 January 2008 the House Price Index for DURHAM was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £48,000 results in an estimated price of approximately £74,817.
| 14 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £48,000 | £26,817 | £74,817 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -0.484 % | £-232 | £47,767 |
| 3 Month Average | -23.467 % | £-11,264 | £36,735 |
| 6 Month Average | -9.477 % | £-4,549 | £43,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £187,268 | £185,000 | 15 PLYMOUTH CLOSE |
| 7 Apr 2022 | £74,146 | £72,000 | 225 THE AVENUE |
| 5 Jan 2022 | £93,664 | £89,000 | 240 THE AVENUE |
| 5 Nov 2021 | £64,891 | £60,000 | 7 HOLYHEAD CLOSE |
| 22 Oct 2021 | £71,921 | £65,000 | 34 ESSEX CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dawlish Close |
| Dec 2023 | Anti-social behaviour | On or near Holyhead Close | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holyhead Close |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Holyhead Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Holyhead Close |