£857,923
This estimated value is based upon the latest sale price for the house of £140,000 on 10 Sep 2024. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £140,000 | 10 Sep 2024 |
| £102,000 | 22 Aug 2023 |
| £121,000 | 15 Jun 2007 |
| £46,000 | 26 Nov 1999 |
| £6,500 | 11 Mar 1999 |
| Semi-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 September 2024 the House Price Index for DURHAM was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £140,000 results in an estimated price of approximately £857,923.
| 10 Sep 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £140,000 | £717,923 | £857,923 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | 34.545 % | £48,362 | £188,362 |
| 3 Month Average | 7.694 % | £10,771 | £150,771 |
| 6 Month Average | 9.839 % | £13,774 | £153,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £137,107 | £135,000 | 3 CHERRY TREE DRIVE |
| 15 Mar 2024 | £172,653 | £170,000 | 17 CHESTNUT ROAD |
| 8 Dec 2023 | £163,009 | £158,000 | 10 BEECH OVAL |
| 31 Mar 2023 | £169,836 | £167,000 | 38 CHESTNUT ROAD |
| 10 Mar 2023 | £162,717 | £160,000 | 21 ROWAN OVAL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Further investigation is not in the public interest | On or near Chestnut Road |
| Oct 2024 | Anti-social behaviour | On or near Cherry Tree Drive | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Drive |
| Sep 2024 | Anti-social behaviour | On or near Hawthorn Road | |
| Sep 2024 | Anti-social behaviour | On or near Hawthorn Road |