£261,627
This estimated value is based upon the latest sale price for the house of £105,000 on 17 Jan 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £105,000 | 17 Jan 2003 |
| £52,950 | 30 Apr 1998 |
| Terraced |
| Leasehold |
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 January 2003 the House Price Index for DURHAM was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £105,000 results in an estimated price of approximately £261,627.
| 17 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £105,000 | £156,627 | £261,627 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 104.193 % | £109,402 | £214,402 |
| 3 Month Average | 134.734 % | £141,471 | £246,471 |
| 6 Month Average | 180.993 % | £190,042 | £295,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £225,000 | £225,000 | 36 NEASHAM ROAD |
| 21 May 2024 | £96,500 | £96,500 | 15 NORFOLK CLOSE |
| 10 Apr 2024 | £191,664 | £190,000 | 24 NEASHAM ROAD |
| 24 Nov 2023 | £153,907 | £150,000 | 11 NORFOLK CLOSE |
| 27 Sep 2023 | £209,621 | £205,000 | 34 NEASHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Neasham Road | |
| Jul 2024 | Anti-social behaviour | On or near Norfolk Close | |
| May 2024 | Anti-social behaviour | On or near Norfolk Close | |
| May 2024 | Anti-social behaviour | On or near Norfolk Close | |
| May 2024 | Anti-social behaviour | On or near Norfolk Close |