£138,549
This estimated value is based upon the latest sale price for the house of £86,500 on 23 May 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £86,500 | 23 May 2008 |
| £56,500 | 6 May 2005 |
| £26,000 | 22 Aug 2002 |
| 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 May 2008 the House Price Index for DURHAM was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £86,500 results in an estimated price of approximately £138,549.
| 23 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £86,500 | £52,049 | £138,549 |
The Postcode Pricing Model uses changes in average sales price within the TS29 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 | -26.848 % | £-23,223 | £63,276 |
| 3 Month Average | -28.642 % | £-24,775 | £61,724 |
| 6 Month Average | -39.321 % | £-34,012 | £52,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2024 | £75,000 | £75,000 | 1 NORTHSIDE TERRACE |
| 21 May 2024 | £64,000 | £64,000 | 21 SOUTH VIEW |
| 18 Dec 2023 | £61,902 | £60,000 | 22 SOUTH VIEW |
| 7 Dec 2023 | £103,170 | £100,000 | 3 BERWICK COURT |
| 13 Oct 2023 | £86,975 | £85,000 | 18 BEECH GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Beech Grove |
| Oct 2024 | Other theft | Under investigation | On or near Holmeside Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kielder Drive |