£54,357
This estimated value is based upon the latest sale price for the house of £44,000 on 15 Oct 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £44,000 | 15 Oct 2019 |
| £132,500 | 28 May 2008 |
| Flats/Maisonettes |
| Leasehold |
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 October 2019 the House Price Index for DURHAM was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £44,000 results in an estimated price of approximately £54,357.
| 15 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £44,000 | £10,357 | £54,357 |
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 | 83.335 % | £36,667 | £80,667 |
| 3 Month Average | 12.147 % | £5,344 | £49,344 |
| 6 Month Average | 20.346 % | £8,952 | £52,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £102,323 | £99,999 | 26 THE GABLES |
| 5 Sep 2023 | £97,141 | £95,000 | 25 THE GABLES |
| 6 Jan 2023 | £63,921 | £63,750 | 25 CUNNINGHAM COURT |
| 31 May 2022 | £93,434 | £91,000 | 52 THE GABLES |
| 20 Dec 2021 | £137,072 | £127,000 | 23 THE GABLES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |
| Sep 2024 | Anti-social behaviour | On or near Hospital | |
| Sep 2024 | Anti-social behaviour | On or near Hospital | |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Hospital |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |