£66,787
This estimated value is based upon the latest sale price for the house of £62,500 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £62,500 | 25 Jun 2021 |
| £37,000 | 27 Nov 2020 |
| £38,000 | 19 Dec 2016 |
| 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 2021 the House Price Index for COUNTY DURHAM was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £62,500 results in an estimated price of approximately £66,787.
| 25 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £62,500 | £4,287 | £66,787 |
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 | -37.718 % | £-23,573 | £38,926 |
| 3 Month Average | -35.032 % | £-21,894 | £40,605 |
| 6 Month Average | -30.124 % | £-18,827 | £43,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £78,264 | £78,000 | 4 SOUTH CORONATION STREET |
| 15 Dec 2023 | £53,512 | £52,500 | 1 EAST ELLEN STREET |
| 24 Jul 2023 | £51,487 | £51,000 | 11 WARNEBROOKE AVENUE |
| 9 Jun 2023 | £136,104 | £135,000 | 16 - 17 WOODS TERRACE |
| 7 Jun 2023 | £80,604 | £79,950 | 10 SOUTH CORONATION STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Coronation Street South |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Coronation Street South |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coronation Street South |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Warnbrook Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cookson Terrace |