£61,738
This estimated value is based upon the latest sale price for the house of £15,000 on 26 Nov 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £15,000 | 26 Nov 1999 |
| 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 November 1999 the House Price Index for DURHAM was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £15,000 results in an estimated price of approximately £61,738.
| 26 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 149.7 | 311.588 % | £15,000 | £46,738 | £61,738 |
The Postcode Pricing Model uses changes in average sales price within the TS28 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 | 111.860 % | £16,778 | £31,778 |
| 3 Month Average | 98.418 % | £14,762 | £29,762 |
| 6 Month Average | 78.550 % | £11,782 | £26,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £60,000 | £60,000 | HOLMLEIGH MILBANK CHAPEL TERRACE |
| 26 Mar 2024 | £35,546 | £35,000 | 14 STATION LANE |
| 14 Dec 2023 | £78,667 | £76,250 | 5 CHURCH STREET |
| 7 Dec 2023 | £113,487 | £110,000 | 15 LAKE BANK TERRACE |
| 6 Sep 2023 | £55,217 | £54,000 | 9 LAKE VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Church Street |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Street |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Church Street |
| Aug 2024 | Anti-social behaviour | On or near Church Street |