£254,710
This estimated value is based upon the latest sale price for the house of £159,500 on 17 May 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Cortland Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £159,500 | 17 May 2007 |
| £110,000 | 1 Sep 2006 |
| 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 May 2007 the House Price Index for DURHAM was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £159,500 results in an estimated price of approximately £254,710.
| 17 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £159,500 | £95,210 | £254,710 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -17.296 % | £-27,587 | £131,912 |
| 3 Month Average | -0.889 % | £-1,417 | £158,082 |
| 6 Month Average | 5.334 % | £8,508 | £168,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £94,204 | £93,000 | 23 HIGH RIDGE |
| 25 Aug 2023 | £121,059 | £120,000 | 4 VALLEY GARDENS |
| 21 Aug 2023 | £121,059 | £120,000 | 6 VALLEY GARDENS |
| 16 Jun 2023 | £119,447 | £118,000 | 34 ST MARYS CRESCENT |
| 17 Feb 2023 | £89,939 | £90,000 | 11 CHAYTOR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Cortland Road |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Cortland Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near St Andrew'S Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |