£95,560
This estimated value is based upon the latest sale price for the house of £21,000 on 25 Feb 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £21,000 | 25 Feb 1999 |
| 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 February 1999 the House Price Index for DURHAM was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £21,000 results in an estimated price of approximately £95,560.
| 25 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 149.7 | 355.049 % | £21,000 | £74,560 | £95,560 |
The Postcode Pricing Model uses changes in average sales price within the DH6 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 | 152.842 % | £32,096 | £53,096 |
| 3 Month Average | 172.555 % | £36,236 | £57,236 |
| 6 Month Average | 156.697 % | £32,906 | £53,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £93,754 | £92,000 | 36 MILL LANE |
| 6 Apr 2023 | £107,001 | £105,000 | 7 HOPE STREET |
| 24 Aug 2022 | £151,709 | £151,000 | 5 CHURCH WYND |
| 19 Jul 2022 | £101,012 | £100,000 | 19 MILL LANE |
| 17 Jun 2022 | £123,132 | £120,500 | 54 MILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Crescent |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near The Crescent |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
| Oct 2024 | Public order | Offender given a caution | On or near Mill Lane |