£566,842
This estimated value is based upon the latest sale price for the house of £92,500 on 28 Jun 2024. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £92,500 | 28 Jun 2024 |
| £85,000 | 27 Jul 2007 |
| 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 June 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 £92,500 results in an estimated price of approximately £566,842.
| 28 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £92,500 | £474,342 | £566,842 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 51.700 % | £47,822 | £140,322 |
| 3 Month Average | 6.825 % | £6,313 | £98,813 |
| 6 Month Average | 8.826 % | £8,163 | £100,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £58,905 | £58,000 | FLAT 1 ROBSON HOUSE THE LEAZES |
| 28 Mar 2024 | £180,270 | £177,500 | 83 BRYANS LEAP |
| 20 Dec 2023 | £131,026 | £127,000 | 94 BIRCH CRESCENT |
| 23 Oct 2023 | £613,944 | £600,000 | THE LONG BARN |
| 23 Oct 2023 | £429,761 | £420,000 | 6 THE LEAZES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Avenue |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Elm Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |