£510,217
This estimated value is based upon the latest sale price for the house of £470,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £470,000 | 17 Sep 2021 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in September 2021 the House Price Index for COUNTY DURHAM was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £470,000 results in an estimated price of approximately £510,217.
| 17 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £470,000 | £40,217 | £510,217 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -4.984 % | £-23,424 | £446,575 |
| 3 Month Average | 15.203 % | £71,453 | £541,453 |
| 6 Month Average | 3.362 % | £15,803 | £485,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £203,673 | £200,000 | 3 HIGH STREET |
| 13 Apr 2023 | £478,958 | £470,000 | 1 ROSE ACRE |
| 18 Nov 2022 | £288,650 | £290,000 | 4 ROSE ACRE |
| 26 Sep 2022 | £329,780 | £330,000 | 2 MANOR CLOSE |
| 9 Sep 2022 | £174,883 | £175,000 | 9 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindisfarne |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindisfarne |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wood View |
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Wood View |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mitford Close |