£273,676
This estimated value is based upon the latest sale price for the house of £255,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £255,000 | 29 Sep 2021 |
| £197,000 | 4 Dec 2007 |
| £147,000 | 18 Jul 2003 |
| 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 September 2021 the House Price Index for DURHAM was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £255,000 results in an estimated price of approximately £273,676.
| 29 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £255,000 | £18,676 | £273,676 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -27.967 % | £-71,316 | £183,683 |
| 3 Month Average | 1.122 % | £2,862 | £257,862 |
| 6 Month Average | -11.259 % | £-28,710 | £226,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £240,814 | £240,000 | 75 HOLWICK CLOSE |
| 30 Jun 2023 | £288,338 | £286,000 | 48 HOLWICK CLOSE |
| 15 Jun 2023 | £205,668 | £204,000 | 34 GRASSHOLME CLOSE |
| 15 Jun 2023 | £228,856 | £227,000 | 47 HOLWICK CLOSE |
| 26 Aug 2022 | £206,604 | £208,000 | 24 GRASSHOLME CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holwick Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harwood Close |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Cotherstone Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotherstone Close |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Askrigg Close |