£372,569
This estimated value is based upon the latest sale price for the house of £225,000 on 4 Jul 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £225,000 | 4 Jul 2008 |
| £122,000 | 13 Mar 2003 |
| £25,000 | 20 Dec 1996 |
| 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 July 2008 the House Price Index for DURHAM was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £225,000 results in an estimated price of approximately £372,569.
| 4 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.586 % | £225,000 | £147,569 | £372,569 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 15.750 % | £35,438 | £260,438 |
| 3 Month Average | 25.160 % | £56,610 | £281,610 |
| 6 Month Average | 19.807 % | £44,566 | £269,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £148,288 | £147,000 | 6 NEVILLE TERRACE |
| 25 Aug 2023 | £175,159 | £172,000 | 3 NEWCASTLE ROAD |
| 2 Aug 2023 | £152,755 | £150,000 | 8 NEVILLE TERRACE |
| 24 Feb 2023 | £145,975 | £145,000 | 18 NEVILLE TERRACE |
| 12 Aug 2022 | £281,315 | £280,000 | 21 MOOR EDGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Archers Court |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Archers Court |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Archers Court |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lyndhurst Drive |
| Oct 2024 | Shoplifting | Under investigation | On or near Lyndhurst Drive |