£40,225
This estimated value is based upon the latest sale price for the house of £39,500 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £39,500 | 18 Aug 2023 |
| £78,000 | 29 Jun 2007 |
| £34,000 | 30 Apr 2003 |
| £32,000 | 7 Jun 2002 |
| £21,000 | 27 Mar 1998 |
| £19,950 | 27 Nov 1996 |
| 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 2023 the House Price Index for DURHAM was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £39,500 results in an estimated price of approximately £40,225.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £39,500 | £725 | £40,225 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | -9.074 % | £-3,584 | £35,915 |
| 3 Month Average | -22.618 % | £-8,934 | £30,565 |
| 6 Month Average | -3.527 % | £-1,393 | £38,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £100,876 | £100,000 | 65 SYCAMORE ROAD |
| 22 Apr 2024 | £58,508 | £58,000 | 7 MAUGHAN TERRACE |
| 18 Aug 2023 | £40,226 | £39,500 | 5 CHAYTOR TERRACE |
| 24 Apr 2023 | £60,125 | £59,000 | 20 REGENT TERRACE |
| 11 Nov 2022 | £61,711 | £62,000 | 17 PRUDHOE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechwood Road |
| Sep 2024 | Anti-social behaviour | On or near Beechwood Road | |
| Sep 2024 | Anti-social behaviour | On or near Beechwood Road | |
| Sep 2024 | Anti-social behaviour | On or near Beechwood Road | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Beechwood Road |