£112,595
This estimated value is based upon the latest sale price for the house of £88,000 on 1 Aug 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £88,000 | 1 Aug 2017 |
| £122,000 | 9 Feb 2007 |
| £53,180 | 11 Aug 1995 |
| 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 August 2017 the House Price Index for DURHAM was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £88,000 results in an estimated price of approximately £112,595.
| 1 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £88,000 | £24,595 | £112,595 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | 147.276 % | £129,602 | £217,602 |
| 3 Month Average | 40.216 % | £35,390 | £123,390 |
| 6 Month Average | 27.553 % | £24,246 | £112,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £273,401 | £265,000 | 41 MITFORD COURT |
| 20 Oct 2023 | £138,137 | £135,000 | 59 THE GABLES |
| 13 Oct 2023 | £102,323 | £99,999 | 26 THE GABLES |
| 5 Sep 2023 | £97,141 | £95,000 | 25 THE GABLES |
| 23 Jun 2023 | £176,538 | £173,000 | 16 PINE RIDGE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Gables |
| Aug 2024 | Drugs | Under investigation | On or near Hamminkeln Place |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosedale Close |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |
| Sep 2024 | Anti-social behaviour | On or near Hospital |