£255,763
This estimated value is based upon the latest sale price for the house of £245,000 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £245,000 | 7 Mar 2022 |
| £110,000 | 25 Jan 2019 |
| 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 March 2022 the House Price Index for COUNTY DURHAM was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £245,000 results in an estimated price of approximately £255,763.
| 7 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £245,000 | £10,763 | £255,763 |
The Postcode Pricing Model uses changes in average sales price within the DL13 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 | -55.349 % | £-135,604 | £109,395 |
| 3 Month Average | -7.824 % | £-19,168 | £225,831 |
| 6 Month Average | 14.003 % | £34,307 | £279,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £57,775 | £56,000 | 23 THE EDGE |
| 6 Apr 2023 | £96,811 | £95,000 | 20 LANE HEAD |
| 15 Mar 2023 | £112,885 | £111,000 | 5 GAUNLESS TERRACE |
| 6 Jan 2023 | £160,429 | £160,000 | 13 |
| 29 Sep 2022 | £179,880 | £180,000 | 6 WHITWELL TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sun Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Magdalene Place |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Grewburn Lane |