£224,661
This estimated value is based upon the latest sale price for the house of £139,650 on 18 May 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £139,650 | 18 May 2007 |
| 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 May 2007 the House Price Index for DURHAM was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £139,650 results in an estimated price of approximately £224,661.
| 18 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £139,650 | £85,011 | £224,661 |
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 | -45.207 % | £-63,132 | £76,517 |
| 3 Month Average | -21.687 % | £-30,285 | £109,364 |
| 6 Month Average | -8.724 % | £-12,182 | £127,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £379,666 | £368,000 | 16 CRASTER POINT |
| 19 Oct 2023 | £251,717 | £246,000 | 17 CRASTER POINT |
| 4 Sep 2023 | £168,719 | £165,000 | 45 BEADNELL DRIVE |
| 21 Mar 2023 | £171,870 | £169,000 | 27 BEADNELL DRIVE |
| 6 Feb 2023 | £402,640 | £399,950 | 55 BEADNELL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Beadnell Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beadnell Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Staithes Court |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Staithes Court |
| May 2024 | Violence and sexual offences | Under investigation | On or near Goswick Way |