£80,599
This estimated value is based upon the latest sale price for the house of £78,500 on 3 May 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £78,500 | 3 May 2022 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in May 2022 the House Price Index for COUNTY DURHAM was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £78,500 results in an estimated price of approximately £80,599.
| 3 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £78,500 | £2,099 | £80,599 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 7.114 % | £5,584 | £84,084 |
| 3 Month Average | -5.768 % | £-4,528 | £73,971 |
| 6 Month Average | -18.599 % | £-14,600 | £63,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £60,000 | £60,000 | 12 SLEDMERE CLOSE |
| 20 Dec 2023 | £103,698 | £100,512 | 52 FAIRBAIRN ROAD |
| 10 Nov 2023 | £67,206 | £65,500 | 80 AMERSHAM CRESCENT |
| 13 Oct 2023 | £67,841 | £66,300 | 70 FAIRBAIRN ROAD |
| 6 Oct 2023 | £109,998 | £107,500 | 72 FAIRBAIRN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Crawford Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Crawford Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crawford Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crawford Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sledmere Close |