£140,387
This estimated value is based upon the latest sale price for the house of £69,950 on 7 May 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,950 | 7 May 2004 |
| 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 May 2004 the House Price Index for DURHAM was 73.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 100.696%.Applying this 100.696% change to the original purchase price of £69,950 results in an estimated price of approximately £140,387.
| 7 May 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.0 | 100.696 % | £69,950 | £70,437 | £140,387 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 4.752 % | £3,324 | £73,274 |
| 3 Month Average | 26.355 % | £18,435 | £88,385 |
| 6 Month Average | 37.358 % | £26,131 | £96,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £125,765 | £125,000 | 30 LEA SIDE |
| 15 Aug 2023 | £98,600 | £98,000 | 26 WITTON STREET |
| 31 Aug 2022 | £119,195 | £120,000 | 37 FORD STREET |
| 29 Jun 2022 | £80,819 | £80,000 | 33 FORD STREET |
| 3 Dec 2021 | £176,063 | £165,000 | 22 WITTON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Broadway |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broadway |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Broadway |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chapel Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapel Drive |