£57,886
This estimated value is based upon the latest sale price for the house of £57,500 on 7 Feb 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £57,500 | 7 Feb 2023 |
| £66,000 | 31 Mar 2006 |
| 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 February 2023 the House Price Index for DURHAM was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £57,500 results in an estimated price of approximately £57,886.
| 7 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £57,500 | £386 | £57,886 |
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 | 24.630 % | £14,162 | £71,662 |
| 3 Month Average | 3.313 % | £1,905 | £59,405 |
| 6 Month Average | -0.375 % | £-215 | £57,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2024 | £70,000 | £70,000 | 3 CHAPEL PLACE |
| 4 Apr 2024 | £66,578 | £66,000 | 29 WHARTON STREET |
| 24 Nov 2023 | £155,959 | £152,000 | 17 LINGMELL DENE |
| 27 Oct 2023 | £92,092 | £90,000 | 5 WESTERTON VIEW |
| 11 Aug 2023 | £76,378 | £75,000 | 7 CROFT TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westerton View |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wharton Street |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wharton Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lingmell Dene |
| Sep 2024 | Public order | Further investigation is not in the public interest | On or near Lingmell Dene |