£186,502
This estimated value is based upon the latest sale price for the house of £72,950 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,950 | 29 Nov 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 November 2002 the House Price Index for DURHAM was 57.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 155.659%.Applying this 155.659% change to the original purchase price of £72,950 results in an estimated price of approximately £186,502.
| 29 Nov 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.0 | 155.659 % | £72,950 | £113,552 | £186,502 |
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 | 103.745 % | £75,682 | £148,632 |
| 3 Month Average | 81.094 % | £59,158 | £132,108 |
| 6 Month Average | 100.453 % | £73,280 | £146,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £42,810 | £42,000 | 18 WESLEY CRESCENT |
| 27 Apr 2023 | £63,472 | £63,000 | 23 WESLEY CRESCENT |
| 3 Mar 2023 | £40,217 | £40,000 | 51 BURNIE GARDENS |
| 3 Mar 2023 | £84,959 | £84,500 | 9 WESLEY CRESCENT |
| 17 Feb 2023 | £59,718 | £60,000 | 13 WINDSOR TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Central Parade | |
| Mar 2024 | Anti-social behaviour | On or near Central Parade | |
| Mar 2024 | Anti-social behaviour | On or near Central Parade | |
| Mar 2024 | Anti-social behaviour | On or near Central Parade | |
| Mar 2024 | Anti-social behaviour | On or near Central Parade |