£137,197
This estimated value is based upon the latest sale price for the house of £30,000 on 22 Jan 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£30,000 | 22 Jan 1999 |
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 January 1999 the House Price Index for DURHAM was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £30,000 results in an estimated price of approximately £137,197.
22 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.7 | 149.7 | 357.324 % | £30,000 | £107,197 | £137,197 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 75.739 % | £22,721 | £52,721 |
3 Month Average | 102.407 % | £30,722 | £60,722 |
6 Month Average | 119.516 % | £35,854 | £65,854 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £63,754 | £63,200 | 56 REDWORTH ROAD |
15 Mar 2024 | £12,187 | £12,000 | FLAT D 16 REDWORTH ROAD |
12 Dec 2023 | £90,790 | £88,000 | 13 PEARS TERRACE |
4 Dec 2023 | £5,159 | £5,000 | FLAT A 16 REDWORTH ROAD |
17 Nov 2023 | £47,198 | £46,000 | 11 SCOTT STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Magnet Street |
Jul 2024 | Burglary | Further action is not in the public interest | On or near Tomlin Street |
Jul 2024 | Burglary | Further action is not in the public interest | On or near Tomlin Street |
Jul 2024 | Burglary | Further action is not in the public interest | On or near Tomlin Street |
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Beresford Street |