£147,739
This estimated value is based upon the latest sale price for the house of £65,000 on 25 Sep 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £65,000 | 25 Sep 2003 |
| £39,000 | 11 Feb 2000 |
| 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 September 2003 the House Price Index for DURHAM was 65.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 127.292%.Applying this 127.292% change to the original purchase price of £65,000 results in an estimated price of approximately £147,739.
| 25 Sep 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.0 | 127.292 % | £65,000 | £82,739 | £147,739 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 18.181 % | £11,817 | £76,817 |
| 3 Month Average | 24.194 % | £15,725 | £80,725 |
| 6 Month Average | 50.067 % | £32,543 | £97,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £65,845 | £65,000 | 1 WEST VIEW |
| 26 Jun 2023 | £99,809 | £99,000 | 7 THORPE ROAD |
| 23 Jun 2023 | £54,441 | £54,000 | 5 CARLTON TERRACE |
| 16 Jun 2023 | £78,638 | £78,000 | 6 CARLTON TERRACE |
| 10 Mar 2023 | £65,353 | £65,000 | 7 SEA VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Craig Terrace |
| Feb 2024 | Vehicle crime | Under investigation | On or near Craig Terrace |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grange Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Avenue |
| Apr 2024 | Anti-social behaviour | On or near East Grange Court |