£606,494
This estimated value is based upon the latest sale price for the house of £119,500 on 22 Aug 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £119,500 | 22 Aug 1997 |
| 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 August 1997 the House Price Index for DURHAM was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £119,500 results in an estimated price of approximately £606,494.
| 22 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £119,500 | £486,994 | £606,494 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 159.485 % | £190,584 | £310,084 |
| 3 Month Average | 190.544 % | £227,699 | £347,199 |
| 6 Month Average | 179.604 % | £214,627 | £334,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £270,000 | £270,000 | 18 MOUNTSIDE |
| 31 Mar 2023 | £142,378 | £140,000 | 8 ROSEDALE AVENUE |
| 6 Jun 2022 | £199,259 | £195,000 | 16 GLENSIDE |
| 4 Feb 2022 | £435,789 | £412,500 | 14 WOODLANDS ROAD |
| 10 Dec 2021 | £169,451 | £157,000 | 2 WOODLANDS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Selborne Gardens |
| Jul 2024 | Anti-social behaviour | On or near The Drive | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakwood Gardens |
| Jul 2024 | Anti-social behaviour | On or near Oakwood Gardens | |
| Jul 2024 | Burglary | Under investigation | On or near Ashfield |