£61,380
This estimated value is based upon the latest sale price for the house of £60,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 4 Mar 2022 |
| £36,000 | 10 Aug 2021 |
| £57,000 | 12 May 2006 |
| £72,000 | 12 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 sq feet |
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 2022 the House Price Index for DURHAM was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £60,000 results in an estimated price of approximately £61,380.
| 4 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £60,000 | £1,380 | £61,380 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -18.407 % | £-11,044 | £48,955 |
| 3 Month Average | -27.095 % | £-16,257 | £43,742 |
| 6 Month Average | -6.533 % | £-3,919 | £56,080 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Jul 2013.
The average size of a house on HOLLY HILL is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Holly Hill | |
| Feb 2024 | Anti-social behaviour | On or near Holly Hill | |
| Jan 2024 | Drugs | Local resolution | On or near Holly Hill |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Holly Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Larch Avenue |