£119,462
This estimated value is based upon the latest sale price for the house of £87,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £87,000 | 30 Mar 2016 |
| £119,695 | 10 Oct 2007 |
| 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 March 2016 the House Price Index for DURHAM was 73.7.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 37.313%.Applying this 37.313% change to the original purchase price of £87,000 results in an estimated price of approximately £119,462.
| 30 Mar 2016 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 101.2 | 37.313 % | £87,000 | £32,462 | £119,462 |
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 | 92.628 % | £80,586 | £167,586 |
| 3 Month Average | 29.028 % | £25,254 | £112,254 |
| 6 Month Average | 30.821 % | £26,813 | £113,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Nov 2024 | £125,372 | £125,000 | 4 THE GABLES |
| 30 Aug 2024 | £80,829 | £79,950 | 24 CUNNINGHAM COURT |
| 7 Dec 2023 | £62,533 | £60,000 | 56 CUNNINGHAM COURT |
| 5 Sep 2023 | £98,002 | £95,000 | 25 THE GABLES |
| 6 Jan 2023 | £64,515 | £63,750 | 25 CUNNINGHAM COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |
| Jan 2025 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |
| Dec 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |
| Dec 2024 | Shoplifting | Under investigation | On or near Hospital |
| Dec 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |