£134,494
This estimated value is based upon the latest sale price for the house of £40,000 on 9 Jul 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £40,000 | 9 Jul 2001 |
| £32,000 | 19 Jan 2001 |
| 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 July 2001 the House Price Index for DURHAM was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £40,000 results in an estimated price of approximately £134,494.
| 9 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £40,000 | £94,494 | £134,494 |
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 | 183.991 % | £73,596 | £113,596 |
| 3 Month Average | 139.944 % | £55,977 | £95,977 |
| 6 Month Average | 131.642 % | £52,656 | £92,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £81,202 | £80,000 | 1 WARBURTON CLOSE |
| 1 Sep 2023 | £131,633 | £129,950 | 41 EDEN ROAD |
| 8 Aug 2023 | £78,688 | £78,000 | 12 ARROWSMITH SQUARE |
| 16 Jun 2023 | £141,717 | £140,000 | 33 EDEN ROAD |
| 10 Feb 2023 | £119,919 | £120,000 | 18 MELLANBY CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Vane Road |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Vane Road |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Vane Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bulmer Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ramsay Place |