£468,871
This estimated value is based upon the latest sale price for the house of £270,000 on 9 Jun 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £270,000 | 9 Jun 2006 |
| 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 June 2006 the House Price Index for DURHAM was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £270,000 results in an estimated price of approximately £468,871.
| 9 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £270,000 | £198,871 | £468,871 |
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 | 9.669 % | £26,105 | £296,105 |
| 3 Month Average | 18.295 % | £49,395 | £319,395 |
| 6 Month Average | 22.506 % | £60,766 | £330,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £432,569 | £425,000 | 1 DOUGLAS VILLAS |
| 29 Sep 2023 | £278,562 | £275,000 | 20 ELLIS LEAZES |
| 29 Mar 2023 | £439,137 | £435,000 | 15 FERENS PARK |
| 3 Mar 2023 | £312,948 | £310,000 | 9 ASHWOOD |
| 27 Jan 2023 | £895,780 | £900,000 | MAGDALENE HEIGHTS GILESGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Orchard Drive |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Ferens Park |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Magdalene Heights |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Magdalene Heights |
| Feb 2024 | Other crime | Under investigation | On or near Douglas Villas |