£156,836
This estimated value is based upon the latest sale price for the house of £48,000 on 12 Oct 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £48,000 | 12 Oct 2001 |
| £37,000 | 30 Aug 1996 |
| 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 October 2001 the House Price Index for DURHAM was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £48,000 results in an estimated price of approximately £156,836.
| 12 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £48,000 | £108,836 | £156,836 |
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 | 210.951 % | £101,256 | £149,256 |
| 3 Month Average | 249.288 % | £119,658 | £167,658 |
| 6 Month Average | 211.280 % | £101,414 | £149,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2024 | £145,000 | £145,000 | 29 BURNWAY |
| 21 Jun 2024 | £210,000 | £210,000 | 21 BURNHALL DRIVE |
| 26 Apr 2024 | £68,596 | £68,000 | 46 BURNHALL DRIVE |
| 10 Apr 2024 | £191,664 | £190,000 | 24 NEASHAM ROAD |
| 1 Sep 2023 | £449,918 | £440,000 | BUTTERCUP NURSERIES STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newlands Road West |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northlea Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northlea Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Napier Road |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Christchurch Court |