£351,167
This estimated value is based upon the latest sale price for the house of £183,000 on 27 Aug 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £183,000 | 27 Aug 2004 |
| 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 August 2004 the House Price Index for DURHAM was 77.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 91.895%.Applying this 91.895% change to the original purchase price of £183,000 results in an estimated price of approximately £351,167.
| 27 Aug 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.0 | 91.895 % | £183,000 | £168,167 | £351,167 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -7.238 % | £-13,245 | £169,754 |
| 3 Month Average | 11.129 % | £20,365 | £203,365 |
| 6 Month Average | 22.390 % | £40,973 | £223,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £201,087 | £200,000 | 23 GRANARY COURT |
| 31 Aug 2022 | £240,376 | £242,000 | 4 NEWBELL COURT |
| 26 Aug 2022 | £173,826 | £175,000 | 30 NEWBELL COURT |
| 28 Jan 2022 | £277,762 | £265,000 | 27 CARR HOUSE MEWS |
| 11 Jun 2021 | £251,119 | £235,000 | 11 CARR HOUSE MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Carr House Mews | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carr House Mews |
| Mar 2024 | Burglary | Under investigation | On or near Newbell Court |
| Jan 2024 | Drugs | Formal action is not in the public interest | On or near Leadgate Road |
| Apr 2024 | Other theft | Awaiting court outcome | On or near Petrol Station |