£177,181
This estimated value is based upon the latest sale price for the house of £46,500 on 19 May 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £46,500 | 19 May 2000 |
| 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 May 2000 the House Price Index for DURHAM was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £46,500 results in an estimated price of approximately £177,181.
| 19 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 149.7 | 281.036 % | £46,500 | £130,681 | £177,181 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 274.357 % | £127,575 | £174,075 |
| 3 Month Average | 140.253 % | £65,217 | £111,717 |
| 6 Month Average | 131.612 % | £61,199 | £107,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £146,270 | £145,000 | 10 LUMLEY CLOSE |
| 28 Mar 2024 | £121,872 | £120,000 | 4 WARWICK CLOSE |
| 18 Dec 2023 | £86,663 | £84,000 | 84 DURHAM ROAD |
| 17 Nov 2023 | £106,709 | £104,000 | 91 DURHAM ROAD |
| 28 Apr 2023 | £163,050 | £160,000 | 127 DURHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Durham Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near South Terrace |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Terrace |