£104,725
This estimated value is based upon the latest sale price for the house of £47,000 on 24 Nov 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £47,000 | 24 Nov 2003 |
| £29,475 | 16 May 2000 |
| 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 November 2003 the House Price Index for DURHAM was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £47,000 results in an estimated price of approximately £104,725.
| 24 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £47,000 | £57,725 | £104,725 |
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 | 85.086 % | £39,990 | £86,990 |
| 3 Month Average | 101.475 % | £47,693 | £94,693 |
| 6 Month Average | 100.547 % | £47,257 | £94,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £51,585 | £50,000 | 5 PALMER STREET |
| 30 Nov 2023 | £56,946 | £55,500 | 60 EDEN TERRACE |
| 29 Jun 2023 | £42,859 | £42,000 | 28 ROSE AVENUE |
| 3 Apr 2023 | £64,710 | £63,500 | 35 EDEN TERRACE |
| 9 Mar 2023 | £88,478 | £87,000 | 31 WINDERMERE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mandela Close |
| Oct 2024 | Possession of weapons | Under investigation | On or near Mandela Close |
| Oct 2024 | Drugs | Further action is not in the public interest | On or near Mandela Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Mandela Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mandela Close |