£218,046
This estimated value is based upon the latest sale price for the house of £150,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £150,000 | 1 May 2015 |
| £142,496 | 25 Mar 2011 |
| 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 May 2015 the House Price Index for COUNTY DURHAM was 101.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 45.365%.Applying this 45.365% change to the original purchase price of £150,000 results in an estimated price of approximately £218,046.
| 1 May 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.0 | 45.365 % | £150,000 | £68,046 | £218,046 |
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 | -7.231 % | £-10,847 | £139,152 |
| 3 Month Average | 2.457 % | £3,685 | £153,685 |
| 6 Month Average | 11.731 % | £17,597 | £167,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £176,000 | £176,000 | 51 DRESWICK COURT |
| 1 Dec 2023 | £77,975 | £76,500 | 43 DRESWICK COURT |
| 17 Jul 2023 | £88,336 | £87,500 | 5 MORTON CLOSE |
| 4 Oct 2022 | £72,916 | £74,000 | 21 DRESWICK COURT |
| 8 Aug 2022 | £109,212 | £109,950 | 39 MORTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Dreswick Court |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dreswick Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morton Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morton Close |