£57,929
This estimated value is based upon the latest sale price for the house of £47,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £47,000 | 7 Feb 2020 |
| 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 2020 the House Price Index for COUNTY DURHAM was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £47,000 results in an estimated price of approximately £57,929.
| 7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £47,000 | £10,929 | £57,929 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | -0.746 % | £-350 | £46,649 |
| 3 Month Average | -1.603 % | £-753 | £46,246 |
| 6 Month Average | -8.474 % | £-3,982 | £43,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £117,592 | £115,000 | 15 KIRKHAM WAY |
| 14 Aug 2023 | £91,653 | £90,000 | 26 KIRKHAM WAY |
| 20 Apr 2023 | £176,297 | £173,000 | 5 TALBOT COURT |
| 5 Apr 2023 | £227,251 | £223,000 | 27 MOULE CRESCENT |
| 1 Aug 2022 | £251,174 | £250,000 | 31 KIRKHAM WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Local resolution | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsh Way |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Moule Crescent |
| Apr 2024 | Anti-social behaviour | On or near Maltby Close | |
| Apr 2024 | Anti-social behaviour | On or near Maltby Close |