£24,267
This estimated value is based upon the latest sale price for the house of £20,000 on 9 Mar 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
There have been two burglaries within the last year on or near Fourth Street
More crime details
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| Price Paid | Date |
|---|---|
| £20,000 | 9 Mar 2020 |
| £13,000 | 20 Jan 2017 |
| £22,500 | 19 Feb 1999 |
| Terraced |
| 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 March 2020 the House Price Index for DURHAM was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £20,000 results in an estimated price of approximately £24,267.
| 9 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £20,000 | £4,267 | £24,267 |
The Postcode Pricing Model uses changes in average sales price within the TS27 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 | 60.647 % | £12,129 | £32,129 |
| 3 Month Average | 55.936 % | £11,187 | £31,187 |
| 6 Month Average | 11.107 % | £2,221 | £22,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £35,912 | £35,000 | 3 FOURTH STREET |
| 30 Jun 2023 | £55,104 | £54,000 | 7 FIFTH STREET |
| 10 Feb 2023 | £86,577 | £85,999 | 62 EAST STREET |
| 27 Jan 2023 | £60,662 | £60,500 | 2 FIFTH STREET |
| 28 Oct 2022 | £39,369 | £39,500 | 5 SECOND STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Fourth Street |
| Sep 2024 | Burglary | Under investigation | On or near Fourth Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fourth Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Fourth Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fourth Street |