£58,032
This estimated value is based upon the latest sale price for the house of £13,000 on 4 Mar 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £13,000 | 4 Mar 1999 |
| £10,000 | 1 Dec 1995 |
| 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 March 1999 the House Price Index for DURHAM was 33.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 346.406%.Applying this 346.406% change to the original purchase price of £13,000 results in an estimated price of approximately £58,032.
| 4 Mar 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.0 | 346.406 % | £13,000 | £45,032 | £58,032 |
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 | 234.692 % | £30,509 | £43,509 |
| 3 Month Average | 225.391 % | £29,300 | £42,300 |
| 6 Month Average | 177.509 % | £23,076 | £36,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £133,000 | £133,000 | 12 PENZANCE COURT |
| 27 Jul 2023 | £53,506 | £53,000 | 12 CEDAR CRESCENT |
| 18 Jul 2023 | £108,022 | £107,000 | 17 THE AVENUE |
| 27 Apr 2023 | £55,412 | £55,000 | 20 CEDAR CRESCENT |
| 13 Feb 2023 | £67,182 | £67,500 | 4 TREVONE SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Truro Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Truro Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Truro Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Truro Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Truro Avenue |