£177,443
This estimated value is based upon the latest sale price for the house of £111,000 on 17 Apr 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £111,000 | 17 Apr 2008 |
| £86,500 | 6 May 2005 |
| 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 April 2008 the House Price Index for DURHAM was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £111,000 results in an estimated price of approximately £177,443.
| 17 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £111,000 | £66,443 | £177,443 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 3.118 % | £3,461 | £114,461 |
| 3 Month Average | 6.444 % | £7,152 | £118,152 |
| 6 Month Average | 0.680 % | £755 | £111,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £116,007 | £115,000 | 53 DERWENT CLOSE |
| 3 Nov 2023 | £137,490 | £134,000 | 23 DERWENT CLOSE |
| 27 Sep 2023 | £122,705 | £120,000 | 6 DERWENT CLOSE |
| 2 Mar 2023 | £132,208 | £130,000 | 59 DENE WAY |
| 22 Jul 2022 | £116,467 | £115,300 | 61 DENE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Dene Way |
| Oct 2024 | Criminal damage and arson | Local resolution | On or near Dene Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Dene Way |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Trinity Court |
| Sep 2024 | Anti-social behaviour | On or near Derwent Close |