£133,157
This estimated value is based upon the latest sale price for the house of £100,000 on 11 Jul 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £100,000 | 11 Jul 2016 |
| 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 July 2016 the House Price Index for COUNTY DURHAM was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £100,000 results in an estimated price of approximately £133,157.
| 11 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £100,000 | £33,157 | £133,157 |
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 | 24.254 % | £24,253 | £124,253 |
| 3 Month Average | -1.454 % | £-1,454 | £98,545 |
| 6 Month Average | 27.104 % | £27,104 | £127,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £79,571 | £78,500 | 29 LABURNUM CRESCENT |
| 22 Jun 2023 | £87,053 | £85,999 | 33 NORTH CRESCENT |
| 2 Jun 2023 | £85,030 | £84,000 | 120 OAK ROAD |
| 20 Apr 2022 | £92,682 | £90,000 | 117 OAK ROAD |
| 1 Apr 2022 | £62,303 | £60,500 | 108 OAK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Thorpe Road | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Thorpe Road |
| Feb 2024 | Anti-social behaviour | On or near Thorpe Road | |
| Feb 2024 | Anti-social behaviour | On or near Thorpe Road | |
| Feb 2024 | Anti-social behaviour | On or near Thorpe Road |