£298,091
This estimated value is based upon the latest sale price for the house of £79,750 on 30 Jun 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £79,750 | 30 Jun 2000 |
| 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 June 2000 the House Price Index for DURHAM was 39.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 273.783%.Applying this 273.783% change to the original purchase price of £79,750 results in an estimated price of approximately £298,091.
| 30 Jun 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.0 | 273.783 % | £79,750 | £218,341 | £298,091 |
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 | 145.971 % | £116,411 | £196,161 |
| 3 Month Average | 180.457 % | £143,914 | £223,664 |
| 6 Month Average | 197.126 % | £157,207 | £236,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £127,410 | £125,000 | 23 NEW DRIVE |
| 31 Aug 2023 | £166,010 | £165,000 | 5 MARINERS WAY |
| 17 Jul 2023 | £287,722 | £285,000 | 12 STATION ROAD |
| 24 Oct 2022 | £90,652 | £92,000 | 21 MARINERS WAY |
| 14 Oct 2022 | £172,437 | £175,000 | 45 MARINERS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Thornhill Reach | |
| Mar 2024 | Anti-social behaviour | On or near Thornhill Reach | |
| Feb 2024 | Anti-social behaviour | On or near Thornhill Reach | |
| Feb 2024 | Anti-social behaviour | On or near Thornhill Reach | |
| Feb 2024 | Anti-social behaviour | On or near Thornhill Reach |