£353,244
This estimated value is based upon the latest sale price for the house of £250,000 on 18 Sep 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £250,000 | 18 Sep 2015 |
| Leasehold |
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 September 2015 the House Price Index for COUNTY DURHAM was 104.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 41.298%.Applying this 41.298% change to the original purchase price of £250,000 results in an estimated price of approximately £353,244.
| 18 Sep 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.0 | 41.298 % | £250,000 | £103,244 | £353,244 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -16.856 % | £-42,139 | £207,860 |
| 3 Month Average | -9.470 % | £-23,676 | £226,323 |
| 6 Month Average | -12.414 % | £-31,033 | £218,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £60,393 | £59,250 | 130 WESTMORLAND RISE |
| 14 Jul 2023 | £77,735 | £77,000 | 41 CHESTER PLACE |
| 18 Nov 2022 | £172,207 | £175,000 | 111 WESTMORLAND RISE |
| 5 Aug 2022 | £66,550 | £67,000 | 55 LANCASTER HILL |
| 8 Jul 2022 | £65,911 | £66,000 | 127 WESTMORLAND RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Chester Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chester Place |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chester Place |
| Mar 2024 | Anti-social behaviour | On or near Chester Place |