£108,897
This estimated value is based upon the latest sale price for the house of £99,950 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£99,950 | 5 Nov 2021 |
£85,000 | 31 Aug 2018 |
£84,995 | 17 Aug 2012 |
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 2021 the House Price Index for COUNTY DURHAM was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £99,950 results in an estimated price of approximately £108,897.
5 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £99,950 | £8,947 | £108,897 |
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 | -24.685 % | £-24,672 | £75,277 |
3 Month Average | -13.244 % | £-13,237 | £86,712 |
6 Month Average | -13.462 % | £-13,455 | £86,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £177,542 | £176,000 | 51 DRESWICK COURT |
1 Dec 2023 | £78,925 | £76,500 | 43 DRESWICK COURT |
4 Oct 2022 | £73,754 | £74,000 | 21 DRESWICK COURT |
8 Aug 2022 | £110,467 | £109,950 | 39 MORTON CLOSE |
19 Nov 2021 | £114,400 | £105,000 | 36 MORTON CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morton Close |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morton Close |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Morton Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morton Close |
Jun 2024 | Anti-social behaviour | On or near Parking Area |