£657,254
This estimated value is based upon the latest sale price for the house of £385,000 on 10 Aug 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £385,000 | 10 Aug 2010 |
| 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 August 2010 the House Price Index for COUNTY DURHAM was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £385,000 results in an estimated price of approximately £657,254.
| 10 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.715 % | £385,000 | £272,254 | £657,254 |
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 | 42.997 % | £165,537 | £550,537 |
| 3 Month Average | 40.943 % | £157,629 | £542,629 |
| 6 Month Average | 34.537 % | £132,968 | £517,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £247,609 | £240,000 | 3 HUTTON CLOSE |
| 18 Dec 2023 | £100,075 | £97,000 | 8 MILLFIELD ROAD |
| 1 Nov 2023 | £46,172 | £45,000 | 41 MILLFIELD ROAD |
| 16 Jun 2023 | £108,168 | £106,000 | 19 STONE CROSS |
| 9 Jun 2023 | £2,500,102 | £2,450,000 | BRIDGE HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Further investigation is not in the public interest | On or near Beacon Lane |
| Aug 2024 | Anti-social behaviour | On or near Beacon Lane | |
| Aug 2024 | Anti-social behaviour | On or near Beacon Lane | |
| Aug 2024 | Anti-social behaviour | On or near Beacon Lane | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Diamond Close |