£102,570
This estimated value is based upon the latest sale price for the house of £62,000 on 26 Jan 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £62,000 | 26 Jan 2007 |
| £11,000 | 13 Aug 2002 |
| 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 January 2007 the House Price Index for DURHAM was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £62,000 results in an estimated price of approximately £102,570.
| 26 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £62,000 | £40,570 | £102,570 |
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 | 10.790 % | £6,690 | £68,690 |
| 3 Month Average | 0.909 % | £563 | £62,563 |
| 6 Month Average | -4.101 % | £-2,542 | £59,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £50,000 | £50,000 | 44 CLOSE HOUSE |
| 19 Apr 2024 | £40,300 | £39,950 | 19 NEW ROW |
| 4 Apr 2024 | £72,630 | £71,999 | 5 SOUTH ROW |
| 8 Dec 2023 | £25,793 | £25,000 | 51 CLOSE HOUSE |
| 1 Dec 2023 | £37,657 | £36,500 | 13 NEW ROW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Eldon Bank |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eldon Bank |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Eldon Bank |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eldon Bank |
| Aug 2024 | Anti-social behaviour | On or near Eldon Bank |