£134,571
This estimated value is based upon the latest sale price for the house of £77,500 on 9 Dec 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £77,500 | 9 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 765 sq feet |
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 December 2011 the House Price Index for COUNTY DURHAM was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £77,500 results in an estimated price of approximately £134,571.
| 9 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £77,500 | £57,071 | £134,571 |
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 | 9.818 % | £7,608 | £85,108 |
| 3 Month Average | 25.106 % | £19,457 | £96,957 |
| 6 Month Average | 12.117 % | £9,390 | £86,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £89,266 | £87,000 | 13 MARKHAM PLACE |
| 27 Oct 2023 | £150,416 | £147,000 | 2 SECKER PLACE |
| 10 Feb 2023 | £120,807 | £120,000 | 18 MELLANBY CRESCENT |
| 24 Aug 2022 | £82,385 | £82,000 | 4 LIDDELL CLOSE |
| 19 Aug 2022 | £112,526 | £112,000 | 78 MELLANBY CRESCENT |
This house has a floor area of 71 sq meters or 765 sq feet when measured on 16 Mar 2011. Using an estimated price of £134,572 means this house is valued at £1,892 per sq meter (£175 per sq foot).
The average size of a house on MELLANBY CRESCENT is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellanby Crescent |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mellanby Crescent |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellanby Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warburton Close |
| Jun 2024 | Anti-social behaviour | On or near Parking Area |