£152,962
This estimated value is based upon the latest sale price for the house of £82,500 on 11 Mar 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £82,500 | 11 Mar 2005 |
| £80,745 | 1 Oct 2004 |
| 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 March 2005 the House Price Index for DURHAM was 79.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 85.409%.Applying this 85.409% change to the original purchase price of £82,500 results in an estimated price of approximately £152,962.
| 11 Mar 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.0 | 85.409 % | £82,500 | £70,462 | £152,962 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 9.929 % | £8,191 | £90,691 |
| 3 Month Average | -15.356 % | £-12,668 | £69,831 |
| 6 Month Average | -11.654 % | £-9,614 | £72,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £63,200 | £63,200 | 56 REDWORTH ROAD |
| 15 Mar 2024 | £12,041 | £12,000 | 16 REDWORTH ROAD |
| 12 Dec 2023 | £89,697 | £88,000 | 13 PEARS TERRACE |
| 17 Nov 2023 | £46,598 | £46,000 | 11 SCOTT STREET |
| 3 Nov 2023 | £59,767 | £59,000 | 8 TOMLIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beresford Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harrison Close |
| Apr 2024 | Anti-social behaviour | On or near Station Street | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Station Street |