£145,661
This estimated value is based upon the latest sale price for the house of £117,500 on 1 Aug 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £117,500 | 1 Aug 2019 |
| £109,995 | 24 Jun 2013 |
| Terraced |
| 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 August 2019 the House Price Index for COUNTY DURHAM was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £117,500 results in an estimated price of approximately £145,661.
| 1 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £117,500 | £28,161 | £145,661 |
The Postcode Pricing Model uses changes in average sales price within the DH7 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 | 19.472 % | £22,879 | £140,379 |
| 3 Month Average | 17.325 % | £20,357 | £137,857 |
| 6 Month Average | 17.733 % | £20,836 | £138,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £78,201 | £77,000 | 21 CYPRESS PARK |
| 3 Oct 2023 | £53,208 | £52,000 | 20 REDWOOD |
| 25 Nov 2022 | £66,688 | £67,000 | 16 REDWOOD |
| 25 Aug 2022 | £53,249 | £53,000 | 34 THE LARCHES |
| 5 May 2022 | £92,407 | £90,000 | 37 COLLEGE VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Court |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Rowan Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwood |
| Jul 2024 | Anti-social behaviour | On or near Merlin Court | |
| Jul 2024 | Anti-social behaviour | On or near Merlin Court |