£148,340
This estimated value is based upon the latest sale price for the house of £69,500 on 6 Feb 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,500 | 6 Feb 2004 |
| £42,950 | 1 Feb 2002 |
| £34,950 | 28 May 1999 |
| 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 February 2004 the House Price Index for DURHAM was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £69,500 results in an estimated price of approximately £148,340.
| 6 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £69,500 | £78,840 | £148,340 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 80.063 % | £55,643 | £125,143 |
| 3 Month Average | 74.805 % | £51,989 | £121,489 |
| 6 Month Average | 47.561 % | £33,054 | £102,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £83,677 | £82,950 | 17 CAMBRIDGE ROAD |
| 6 Nov 2023 | £51,302 | £50,000 | 5 ACRE RIGG ROAD |
| 27 Oct 2023 | £64,976 | £63,500 | 2 KENT WALK |
| 7 Sep 2023 | £61,352 | £60,000 | 63 BASINGSTOKE ROAD |
| 16 Jun 2023 | £83,677 | £82,000 | 29 BEVERLEY WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Morton Square |
| Oct 2024 | Other crime | Local resolution | On or near Essington Way |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Essington Way |
| Oct 2024 | Violence and sexual offences | Local resolution | On or near Essington Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Essington Way |