£126,443
This estimated value is based upon the latest sale price for the house of £80,000 on 22 Aug 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 22 Aug 2007 |
| £54,000 | 3 Dec 2004 |
| 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 2007 the House Price Index for DURHAM was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £80,000 results in an estimated price of approximately £126,443.
| 22 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £80,000 | £46,443 | £126,443 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | -10.347 % | £-8,277 | £71,722 |
| 3 Month Average | 23.852 % | £19,081 | £99,081 |
| 6 Month Average | 6.091 % | £4,872 | £84,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £66,014 | £65,000 | 55 ELMFIELD PLACE |
| 6 Dec 2023 | £71,187 | £69,000 | 48 BEECHFIELD |
| 28 Jun 2023 | £61,227 | £60,000 | 180 LINDEN PLACE |
| 21 Apr 2023 | £71,334 | £70,000 | 166 LINDEN PLACE |
| 14 Feb 2023 | £40,268 | £39,999 | 52 KIRKSTONE PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Elmfield Place |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elmfield Place |
| Jun 2024 | Vehicle crime | Under investigation | On or near Elmfield Place |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Elmfield Place |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Elmfield Place |