£2,984,000
This estimated value is based upon the latest sale price for the house of £2,394,748 on 15 Aug 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £2,394,748 | 15 Aug 2018 |
| 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 2018 the House Price Index for COUNTY DURHAM was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £2,394,748 results in an estimated price of approximately £2,984,000.
| 15 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £2,394,748 | £589,252 | £2,984,000 |
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 | 56.686 % | £1,357,498 | £3,752,246 |
| 3 Month Average | 65.015 % | £1,556,933 | £3,951,681 |
| 6 Month Average | 40.009 % | £958,121 | £3,352,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £350,000 | £350,000 | GREENSIDES |
| 21 Nov 2023 | £217,522 | £212,000 | 40 BEACON AVENUE |
| 29 Sep 2023 | £255,584 | £249,950 | 3 BEACON AVENUE |
| 1 Sep 2023 | £199,396 | £195,000 | 9 BEACON AVENUE |
| 25 Aug 2023 | £348,022 | £341,745 | 80 SADDLER DRIVE |
| 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 | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |