£77,876
This estimated value is based upon the latest sale price for the house of £50,000 on 27 May 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Stephens Road
More crime details
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| Price Paid | Date |
|---|---|
| £50,000 | 27 May 2014 |
| 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 2014 the House Price Index for COUNTY DURHAM was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £50,000 results in an estimated price of approximately £77,876.
| 27 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £50,000 | £27,876 | £77,876 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -24.068 % | £-12,034 | £37,965 |
| 3 Month Average | 4.336 % | £2,168 | £52,168 |
| 6 Month Average | 15.435 % | £7,717 | £57,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £66,014 | £65,000 | 8 STEPHENS ROAD |
| 1 Nov 2023 | £160,063 | £156,000 | 8 WELLFIELD ROAD |
| 24 Aug 2023 | £77,396 | £76,000 | 5 HUNTLEY AVENUE |
| 9 Aug 2023 | £76,378 | £75,000 | 42 METCALF CRESCENT |
| 20 Feb 2023 | £138,928 | £138,000 | 43 GOWLAND SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Stephens Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stephens Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Stephens Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stephens Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Stephens Road |