£64,816
This estimated value is based upon the latest sale price for the house of £50,000 on 24 May 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £50,000 | 24 May 2017 |
| Leasehold |
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 May 2017 the House Price Index for COUNTY DURHAM was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £50,000 results in an estimated price of approximately £64,816.
| 24 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £50,000 | £14,816 | £64,816 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | 73.728 % | £36,864 | £86,864 |
| 3 Month Average | 42.196 % | £21,098 | £71,098 |
| 6 Month Average | 17.976 % | £8,988 | £58,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £120,000 | £120,000 | 99 COLLINGWOOD STREET |
| 31 Oct 2023 | £33,358 | £32,600 | 5 HOWLISH VIEW |
| 31 Aug 2023 | £46,845 | £46,000 | 36 HOWLISH VIEW |
| 30 Jun 2023 | £61,227 | £60,000 | 110 COLLINGWOOD STREET |
| 11 Apr 2023 | £259,860 | £255,000 | 30 CLEVELAND VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howlish Lane |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Howlish Lane |
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Cleveland View |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland View |
| Sep 2024 | Anti-social behaviour | On or near Cleveland View |