£336,121
This estimated value is based upon the latest sale price for the house of £315,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £315,000 | 17 Dec 2021 |
| £324,950 | 17 Aug 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 December 2021 the House Price Index for DURHAM was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £315,000 results in an estimated price of approximately £336,121.
| 17 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £315,000 | £21,121 | £336,121 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 21.269 % | £66,996 | £381,996 |
| 3 Month Average | 5.671 % | £17,863 | £332,863 |
| 6 Month Average | 5.344 % | £16,833 | £331,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2022 | £337,718 | £340,000 | 2 HIGHSTEADS |
| 15 Jul 2022 | £209,717 | £210,000 | 47 HIGHSTEADS |
| 8 Jul 2022 | £60,418 | £60,500 | 4 ADAMS TERRACE |
| 27 May 2022 | £116,735 | £115,000 | 22 THE DENE |
| 20 May 2022 | £73,086 | £72,000 | 8 ADAMS TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highsteads |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Highsteads |
| Mar 2024 | Anti-social behaviour | On or near Highsteads | |
| Mar 2024 | Possession of weapons | Under investigation | On or near Highsteads |
| Mar 2024 | Anti-social behaviour | On or near Highsteads |