£60,548
This estimated value is based upon the latest sale price for the house of £48,500 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £48,500 | 6 Jul 2018 |
| £83,950 | 25 Jan 2008 |
| £38,500 | 31 Jan 2003 |
| Terraced |
| 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 July 2018 the House Price Index for DURHAM was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £48,500 results in an estimated price of approximately £60,548.
| 6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £48,500 | £12,048 | £60,548 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 26.372 % | £12,790 | £61,290 |
| 3 Month Average | 25.179 % | £12,211 | £60,711 |
| 6 Month Average | 16.942 % | £8,216 | £56,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £100,000 | £100,000 | 13 GEORGE STREET |
| 28 Mar 2024 | £121,872 | £120,000 | 2 MURRAY TERRACE |
| 18 Dec 2023 | £98,012 | £95,000 | 28 WORDSWORTH GARDENS |
| 8 Dec 2023 | £118,646 | £115,000 | 1 MURRAY TERRACE |
| 29 Sep 2023 | £127,818 | £125,000 | 38 WORDSWORTH GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Co-Operative Terrace |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Co-Operative Terrace |
| Oct 2024 | Public order | Under investigation | On or near Co-Operative Terrace |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Co-Operative Terrace |
| Sep 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Co-Operative Terrace |