£157,333
This estimated value is based upon the latest sale price for the house of £31,000 on 1 Aug 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £31,000 | 1 Aug 1997 |
| 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 August 1997 the House Price Index for DURHAM was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £31,000 results in an estimated price of approximately £157,333.
| 1 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £31,000 | £126,333 | £157,333 |
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 | 176.165 % | £54,611 | £85,611 |
| 3 Month Average | 233.880 % | £72,502 | £103,502 |
| 6 Month Average | 222.304 % | £68,914 | £99,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £74,283 | £72,000 | 6 WAVERLEY TERRACE |
| 20 Oct 2023 | £112,556 | £110,000 | 11 PALMER ROAD |
| 4 Oct 2023 | £133,021 | £130,000 | 12 RAMSHAW COURT |
| 7 Mar 2023 | £172,887 | £170,000 | 6 PLUNKETT ROAD |
| 1 Jun 2022 | £403,628 | £395,000 | 3 PLUNKETT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Road |
| Aug 2024 | Public order | Local resolution | On or near Palmer Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Palmer Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Palmer Road |
| Jul 2024 | Anti-social behaviour | On or near Pikewell Close |