£118,384
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 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £87,000 results in an estimated price of approximately £118,384.
| 30 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £87,000 | £31,384 | £118,384 |
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 | 81.806 % | £71,171 | £158,171 |
| 3 Month Average | 39.548 % | £34,406 | £121,406 |
| 6 Month Average | 30.177 % | £26,253 | £113,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 19 Nov 2021 | £77,356 | £71,000 | 27 CUNNINGHAM COURT |
| 5 Nov 2021 | £104,594 | £96,000 | 56 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 | Shoplifting | Unable to prosecute suspect | On or near Hospital |
| Sep 2024 | Anti-social behaviour | On or near Hospital | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Hospital |