£224,015
This estimated value is based upon the latest sale price for the house of £180,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £180,000 | 29 Mar 2019 |
| £188,000 | 11 Aug 2017 |
| £166,000 | 19 Sep 2003 |
| 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 March 2019 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £180,000 results in an estimated price of approximately £224,015.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £180,000 | £44,015 | £224,015 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | -4.292 % | £-7,725 | £172,274 |
| 3 Month Average | 20.064 % | £36,115 | £216,115 |
| 6 Month Average | 0.051 % | £91 | £180,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £158,000 | £158,000 | 105 WASHINGTON CRESCENT |
| 15 Mar 2024 | £94,451 | £93,000 | 13 WREN CLOSE |
| 29 Sep 2023 | £158,494 | £155,000 | 118 WASHINGTON CRESCENT |
| 22 Sep 2023 | £163,607 | £160,000 | 33 WELBURY GROVE |
| 15 Sep 2023 | £76,691 | £75,000 | 29 ST OSWALDS WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Oswalds Court |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Oswalds Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armstrong Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armstrong Close |
| Jun 2024 | Anti-social behaviour | On or near Armstrong Close |