£103,170
This estimated value is based upon the latest sale price for the house of £100,000 on 7 Dec 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £100,000 | 7 Dec 2023 |
| £38,950 | 23 Feb 2001 |
| 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 December 2023 the House Price Index for DURHAM was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £100,000 results in an estimated price of approximately £103,170.
| 7 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £100,000 | £3,170 | £103,170 |
The Postcode Pricing Model uses changes in average sales price within the DH7 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 | 0.041 % | £40 | £100,040 |
| 3 Month Average | -1.282 % | £-1,282 | £98,717 |
| 6 Month Average | -1.677 % | £-1,677 | £98,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £162,000 | £162,000 | 26 OAKWOOD |
| 10 Apr 2024 | £117,016 | £116,000 | 12 OAKWOOD |
| 15 Mar 2024 | £98,006 | £96,500 | 80 DENESIDE |
| 7 Dec 2023 | £103,170 | £100,000 | 39 DURHAM ROAD |
| 13 Oct 2023 | £117,673 | £115,000 | 53 MANOR GRANGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakwood |
| Jul 2024 | Public order | Under investigation | On or near Oakwood |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pethside |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Valley Grove |