£63,069
This estimated value is based upon the latest sale price for the house of £57,000 on 11 Oct 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£57,000 | 11 Oct 2021 |
Semi-Detached |
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 October 2021 the House Price Index for COUNTY DURHAM was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £57,000 results in an estimated price of approximately £63,069.
11 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £57,000 | £6,069 | £63,069 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -22.742 % | £-12,963 | £44,036 |
3 Month Average | -8.201 % | £-4,674 | £52,325 |
6 Month Average | -10.428 % | £-5,943 | £51,056 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jun 2023 | £69,846 | £69,000 | 17 CHESTNUT AVENUE |
28 Apr 2023 | £89,964 | £88,995 | 17 ASH GROVE |
5 Apr 2023 | £90,980 | £90,000 | 23 VICTORIA GARDENS |
5 Apr 2023 | £60,653 | £60,000 | 5 VILLA STREET |
18 Nov 2022 | £79,038 | £79,995 | 34 VICTORIA GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Chestnut Avenue | |
Apr 2024 | Public order | Awaiting court outcome | On or near Chestnut Avenue |
Mar 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Chestnut Avenue |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chestnut Avenue |
Mar 2024 | Anti-social behaviour | On or near Chestnut Avenue |