£80,537
This estimated value is based upon the latest sale price for the house of £80,000 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 10 Feb 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 February 2023 the House Price Index for COUNTY DURHAM was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £80,000 results in an estimated price of approximately £80,537.
| 10 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £80,000 | £537 | £80,537 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 56.708 % | £45,366 | £125,366 |
| 3 Month Average | -0.391 % | £-312 | £79,687 |
| 6 Month Average | -21.983 % | £-17,586 | £62,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £257,926 | £250,000 | ROSEGROVE ROSEMEAD AVENUE |
| 3 Nov 2023 | £56,432 | £55,000 | 10 SNOWDEN TERRACE |
| 9 Oct 2023 | £66,511 | £65,000 | 9 SURREY PLACE |
| 16 Mar 2023 | £72,206 | £71,000 | CHANTEL HALL LANE ESTATE |
| 24 Feb 2023 | £70,471 | £70,000 | 12 BAINBRIDGE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bainbridge Avenue |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Bainbridge Avenue |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Rosemead Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosemead Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Commercial Street |