£569,736
This estimated value is based upon the latest sale price for the house of £165,000 on 4 May 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £165,000 | 4 May 2001 |
| £120,000 | 29 Aug 1997 |
| Semi-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 May 2001 the House Price Index for DURHAM was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £165,000 results in an estimated price of approximately £569,736.
| 4 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £165,000 | £404,736 | £569,736 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 181.460 % | £299,408 | £464,408 |
| 3 Month Average | 212.908 % | £351,298 | £516,298 |
| 6 Month Average | 205.658 % | £339,336 | £504,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £170,114 | £167,500 | 41 BRYANS LEAP |
| 22 Nov 2023 | £210,339 | £205,000 | 67 BRYANS LEAP |
| 30 Jun 2023 | £165,568 | £162,250 | 12 WILLOW VIEW |
| 1 Jun 2023 | £244,908 | £240,000 | 2 BRYANS LEAP |
| 5 Apr 2023 | £326,099 | £320,000 | 16 FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near East View |
| Aug 2024 | Public order | Local resolution | On or near Eden Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Crescent |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Rowan Court |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Court |