£211,116
This estimated value is based upon the latest sale price for the house of £47,000 on 16 Apr 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £47,000 | 16 Apr 1999 |
| Detached |
| 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 1999 the House Price Index for DURHAM was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £47,000 results in an estimated price of approximately £211,116.
| 16 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £47,000 | £164,116 | £211,116 |
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 | 57.560 % | £27,052 | £74,052 |
| 3 Month Average | 95.139 % | £44,715 | £91,715 |
| 6 Month Average | 98.153 % | £46,131 | £93,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £98,012 | £95,000 | 47 TREVELYAN PLACE |
| 1 Dec 2023 | £170,231 | £165,000 | 1 WAVENEY ROAD |
| 6 Apr 2023 | £96,811 | £95,000 | 6 LINACRE COURT |
| 2 Aug 2022 | £65,305 | £65,000 | 62 WELLAND CLOSE |
| 28 Jan 2022 | £91,177 | £86,000 | 10 SEVERN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Orwell Close |
| Jun 2024 | Burglary | Awaiting court outcome | On or near Waveney Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Waveney Road |
| Jul 2024 | Anti-social behaviour | On or near Skerne Close |