£807,502
This estimated value is based upon the latest sale price for the house of £770,000 on 27 Apr 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £770,000 | 27 Apr 2022 |
| 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 April 2022 the House Price Index for COUNTY DURHAM was 96.5.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 4.870%.Applying this 4.870% change to the original purchase price of £770,000 results in an estimated price of approximately £807,502.
| 27 Apr 2022 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.5 | 101.2 | 4.870 % | £770,000 | £37,502 | £807,502 |
The Postcode Pricing Model uses changes in average sales price within the DL13 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 | 9.269 % | £71,372 | £841,372 |
| 3 Month Average | -35.413 % | £-272,679 | £497,320 |
| 6 Month Average | -10.136 % | £-78,047 | £691,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2024 | £445,320 | £444,000 | THE BEECHES WEST TERRACE |
| 5 Nov 2024 | £235,699 | £235,000 | 3 ASHCROFT |
| 3 Jul 2024 | £264,000 | £258,000 | 27 PARAGON STREET |
| 23 Jun 2023 | £215,705 | £209,950 | 7 WEST TERRACE |
| 24 Mar 2023 | £210,192 | £205,000 | 8 PARAGON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashcroft |
| Oct 2024 | Anti-social behaviour | On or near Union Street | |
| Oct 2024 | Anti-social behaviour | On or near Union Street | |
| Oct 2024 | Anti-social behaviour | On or near Union Street | |
| Oct 2024 | Anti-social behaviour | On or near Union Street |