£429,025
This estimated value is based upon the latest sale price for the house of £87,000 on 5 Dec 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £87,000 | 5 Dec 1997 |
| 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 December 1997 the House Price Index for DURHAM was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £87,000 results in an estimated price of approximately £429,025.
| 5 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 149.7 | 393.133 % | £87,000 | £342,025 | £429,025 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 83.005 % | £72,214 | £159,214 |
| 3 Month Average | 102.024 % | £88,761 | £175,761 |
| 6 Month Average | 105.099 % | £91,436 | £178,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £209,023 | £210,000 | 19 HILTON DRIVE |
| 12 Aug 2022 | £146,686 | £146,000 | 37 O'NEILL DRIVE |
| 11 Aug 2022 | £216,010 | £215,000 | 90 O'NEILL DRIVE |
| 4 May 2022 | £263,874 | £257,000 | 8 HILTON DRIVE |
| 7 Apr 2022 | £223,046 | £215,000 | 5 HILTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near O'Neill Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |
| Jun 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Hospital |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilton Drive |