£120,742
This estimated value is based upon the latest sale price for the house of £118,000 on 13 Oct 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £118,000 | 13 Oct 2023 |
| £81,000 | 26 Apr 2019 |
| £100,000 | 1 Aug 2007 |
| £73,950 | 20 Oct 2004 |
| £35,000 | 9 Dec 1997 |
| Semi-Detached |
| 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 October 2023 the House Price Index for DURHAM was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £118,000 results in an estimated price of approximately £120,742.
| 13 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £118,000 | £2,742 | £120,742 |
The Postcode Pricing Model uses changes in average sales price within the DH7 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 | 22.014 % | £25,976 | £143,976 |
| 3 Month Average | -1.409 % | £-1,662 | £116,337 |
| 6 Month Average | 3.067 % | £3,619 | £121,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £79,725 | £78,500 | 12 PETHSIDE |
| 15 Mar 2024 | £98,006 | £96,500 | 80 DENESIDE |
| 15 Dec 2023 | £108,329 | £105,000 | 4 PETHSIDE |
| 7 Dec 2023 | £103,170 | £100,000 | 39 DURHAM ROAD |
| 13 Oct 2023 | £120,742 | £118,000 | 60 BURNHOPESIDE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Burnhopeside Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pethside |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Durham Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Durham Road |