£46,088
This estimated value is based upon the latest sale price for the house of £39,000 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £39,000 | 8 Oct 2020 |
| £50,000 | 29 Mar 2004 |
| £12,000 | 22 Aug 2003 |
| 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 October 2020 the House Price Index for DURHAM was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £39,000 results in an estimated price of approximately £46,088.
| 8 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £39,000 | £7,088 | £46,088 |
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 | -33.485 % | £-13,059 | £25,940 |
| 3 Month Average | -9.285 % | £-3,621 | £35,378 |
| 6 Month Average | -7.250 % | £-2,827 | £36,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £64,561 | £64,000 | 18 EAST VIEW TERRACE |
| 21 Mar 2024 | £45,702 | £45,000 | 29 CO OPERATIVE STREET |
| 20 Mar 2024 | £26,914 | £26,500 | 94 MAIN STREET |
| 15 Dec 2023 | £43,331 | £42,000 | 77 MAIN STREET |
| 8 Sep 2023 | £48,059 | £47,000 | 14 ALBION AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Co-Operative Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Co-Operative Street |
| Jun 2024 | Anti-social behaviour | On or near Co-Operative Street | |
| Jun 2024 | Anti-social behaviour | On or near Co-Operative Street | |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Co-Operative Street |