£208,711
This estimated value is based upon the latest sale price for the house of £205,226 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £205,226 | 17 Mar 2023 |
| 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 March 2023 the House Price Index for COUNTY DURHAM was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £205,226 results in an estimated price of approximately £208,711.
| 17 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £205,226 | £3,485 | £208,711 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 47.793 % | £98,084 | £303,310 |
| 3 Month Average | 10.046 % | £20,616 | £225,842 |
| 6 Month Average | 3.153 % | £6,471 | £211,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £409,016 | £400,000 | 22 NEWCASTLE ROAD |
| 18 Aug 2023 | £173,122 | £170,000 | 56 NEWCASTLE ROAD |
| 17 Mar 2023 | £208,712 | £205,226 | 48 NEWCASTLE ROAD |
| 7 Oct 2022 | £84,219 | £84,500 | 113 HIGHFIELD RISE |
| 12 Aug 2022 | £452,114 | £450,000 | 18 HIGHFIELD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Highfield Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highfield Rise |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highfield Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle View |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Police Station |