£306,572
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Dec 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£120,000 | 3 Dec 2002 |
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 December 2002 the House Price Index for DURHAM was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £120,000 results in an estimated price of approximately £306,572.
3 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £120,000 | £186,572 | £306,572 |
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 | 60.300 % | £72,360 | £192,360 |
3 Month Average | 103.969 % | £124,762 | £244,762 |
6 Month Average | 79.629 % | £95,554 | £215,554 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Apr 2024 | £173,507 | £172,000 | 56 WESTMORLAND WAY |
5 Oct 2023 | £117,673 | £115,000 | 37 WALCHER ROAD |
1 Mar 2023 | £91,529 | £90,000 | 7 LILBURNE CRESCENT |
10 Feb 2023 | £88,592 | £88,000 | 43 LILBURNE CRESCENT |
25 Jan 2023 | £85,228 | £85,000 | 16 HULLOCK ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Local resolution | On or near Dalton Way |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dalton Way |
Jul 2024 | Anti-social behaviour | On or near Hartley Road | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hartley Road |
May 2024 | Anti-social behaviour | On or near Hartley Road |