£43,562
This estimated value is based upon the latest sale price for the house of £35,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £35,000 | 14 Jun 2019 |
| Terraced |
| 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 June 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £35,000 results in an estimated price of approximately £43,562.
| 14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £35,000 | £8,562 | £43,562 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 5.252 % | £1,838 | £36,838 |
| 3 Month Average | 15.569 % | £5,449 | £40,449 |
| 6 Month Average | 19.966 % | £6,988 | £41,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £100,000 | £100,000 | 13 GEORGE STREET |
| 28 Mar 2024 | £121,872 | £120,000 | 2 MURRAY TERRACE |
| 18 Dec 2023 | £98,012 | £95,000 | 28 WORDSWORTH GARDENS |
| 8 Dec 2023 | £118,646 | £115,000 | 1 MURRAY TERRACE |
| 29 Sep 2023 | £127,818 | £125,000 | 38 WORDSWORTH GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Coleridge Gardens |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near George Street |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Catchwell Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Co-Operative Terrace |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Co-Operative Terrace |