£53,686
This estimated value is based upon the latest sale price for the house of £53,000 on 13 Sep 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £53,000 | 13 Sep 2023 |
| £76,500 | 13 Jun 2008 |
| £40,000 | 8 Apr 2005 |
| 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 September 2023 the House Price Index for DURHAM was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £53,000 results in an estimated price of approximately £53,686.
| 13 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £53,000 | £686 | £53,686 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -25.450 % | £-13,488 | £39,511 |
| 3 Month Average | -21.532 % | £-11,411 | £41,588 |
| 6 Month Average | -2.552 % | £-1,352 | £51,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £97,243 | £96,000 | 6 PORTER TERRACE |
| 13 Sep 2023 | £53,686 | £53,000 | 25 WATT STREET |
| 13 Sep 2023 | £51,661 | £51,000 | 7 PORTER TERRACE |
| 17 Feb 2023 | £74,950 | £75,000 | 43 DENEWOOD |
| 26 May 2022 | £118,228 | £116,000 | 9 DENEWOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Watts Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Denewood |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Denewood |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Denewood |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Denewood |