£194,126
This estimated value is based upon the latest sale price for the house of £157,500 on 24 Feb 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £157,500 | 24 Feb 2020 |
| £120,000 | 21 Dec 2016 |
| £143,500 | 7 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 sq feet |
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 2020 the House Price Index for DURHAM was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £157,500 results in an estimated price of approximately £194,126.
| 24 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £157,500 | £36,626 | £194,126 |
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 | -16.540 % | £-26,050 | £131,449 |
| 3 Month Average | 0.288 % | £452 | £157,952 |
| 6 Month Average | 5.739 % | £9,039 | £166,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £85,115 | £82,500 | 81 PREBENDS FIELD |
| 13 Oct 2023 | £230,229 | £225,000 | 8 MONKS CRESCENT |
| 12 Sep 2023 | £196,839 | £192,500 | 47 PILGRIMS WAY |
| 25 Aug 2023 | £127,296 | £125,000 | 58 BRADFORD CRESCENT |
| 1 Aug 2023 | £152,755 | £150,000 | 72 BRADFORD CRESCENT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 2 Aug 2019. Using an estimated price of £194,126 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on PILGRIMS WAY is 106 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Nuns' Row |
| Aug 2024 | Anti-social behaviour | On or near Dean'S Walk | |
| Aug 2024 | Anti-social behaviour | On or near Dean'S Walk | |
| Aug 2024 | Anti-social behaviour | On or near Dean'S Walk | |
| Aug 2024 | Anti-social behaviour | On or near Dean'S Walk |