£111,716
This estimated value is based upon the latest sale price for the house of £110,000 on 5 Mar 2024. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £110,000 | 5 Mar 2024 |
| £38,995 | 4 Feb 2000 |
| £35,590 | 21 Aug 1998 |
| Terraced |
| 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 2024 the House Price Index for DURHAM was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £110,000 results in an estimated price of approximately £111,716.
| 5 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £110,000 | £1,716 | £111,716 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -4.077 % | £-4,485 | £105,514 |
| 3 Month Average | -1.847 % | £-2,031 | £107,968 |
| 6 Month Average | -1.670 % | £-1,836 | £108,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £111,716 | £110,000 | 72 FRONT STREET |
| 15 Dec 2023 | £299,194 | £290,000 | 12 SMITHFIELD |
| 15 Dec 2023 | £128,963 | £125,000 | 13 PAXTON COURT FRONT STREET |
| 25 Sep 2023 | £191,726 | £187,500 | 89 FRONT STREET |
| 25 Aug 2023 | £129,842 | £127,500 | 24 FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Farrier Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrier Close |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Farrier Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Farrier Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smithfield |