£47,792
This estimated value is based upon the latest sale price for the house of £14,000 on 21 May 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £14,000 | 21 May 2001 |
| £12,100 | 10 Apr 2001 |
| £12,500 | 21 Jul 1999 |
| £8,000 | 9 May 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 May 2001 the House Price Index for DURHAM was 43.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 241.373%.Applying this 241.373% change to the original purchase price of £14,000 results in an estimated price of approximately £47,792.
| 21 May 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.0 | 241.373 % | £14,000 | £33,792 | £47,792 |
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 | 187.087 % | £26,192 | £40,192 |
| 3 Month Average | 232.990 % | £32,618 | £46,618 |
| 6 Month Average | 220.813 % | £30,913 | £44,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £230,780 | £230,000 | 10 ASPEN GROVE |
| 23 Aug 2023 | £166,010 | £165,000 | 22 ALDER GROVE |
| 30 Jun 2023 | £241,962 | £240,000 | 17 ALDER GROVE |
| 1 Feb 2023 | £177,162 | £178,000 | 18 ALMOND WAY |
| 22 Sep 2022 | £202,537 | £205,000 | 15 ASPEN GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beech Crescent |
| Apr 2024 | Other crime | Under investigation | On or near Almond Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aspen Grove |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Aspen Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Aspen Grove |