£213,934
This estimated value is based upon the latest sale price for the house of £174,900 on 15 May 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £174,900 | 15 May 2020 |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in May 2020 the House Price Index for COUNTY DURHAM was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £174,900 results in an estimated price of approximately £213,934.
| 15 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £174,900 | £39,034 | £213,934 |
The Postcode Pricing Model uses changes in average sales price within the DL12 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 | 77.331 % | £135,252 | £310,152 |
| 3 Month Average | 58.758 % | £102,767 | £277,667 |
| 6 Month Average | 28.657 % | £50,120 | £225,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £106,578 | £105,000 | 34 HILL TERRACE |
| 29 Mar 2023 | £222,092 | £220,000 | 15 MARKET PLACE |
| 13 Feb 2023 | £169,886 | £170,000 | 12 WESLEY TERRACE |
| 10 Feb 2023 | £324,781 | £325,000 | 5 HILL TERRACE |
| 4 Nov 2022 | £158,085 | £160,000 | 6 WESLEY TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Market Place | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Market Place |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Market Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Market Place |
| Mar 2024 | Anti-social behaviour | On or near Chapel Row |