£323,524
This estimated value is based upon the latest sale price for the house of £189,950 on 15 Sep 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £189,950 | 15 Sep 2006 |
| 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 September 2006 the House Price Index for DURHAM was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £189,950 results in an estimated price of approximately £323,524.
| 15 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £189,950 | £133,574 | £323,524 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -10.299 % | £-19,562 | £170,387 |
| 3 Month Average | -18.748 % | £-35,611 | £154,338 |
| 6 Month Average | -4.907 % | £-9,320 | £180,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £167,137 | £165,000 | 45 BEADNELL DRIVE |
| 7 Jul 2023 | £344,638 | £340,000 | 1 BAMBURGH DRIVE |
| 21 Mar 2023 | £170,607 | £169,000 | 27 BEADNELL DRIVE |
| 6 Feb 2023 | £399,681 | £399,950 | 55 BEADNELL DRIVE |
| 20 Jan 2023 | £231,037 | £232,125 | 26 BEADNELL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Boulmer Lea |