£217,793
This estimated value is based upon the latest sale price for the house of £175,000 on 7 Mar 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £175,000 | 7 Mar 2019 |
| £80,000 | 15 Aug 2014 |
| £20,000 | 16 Apr 1999 |
| Detached |
| 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 March 2019 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £175,000 results in an estimated price of approximately £217,793.
| 7 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £175,000 | £42,793 | £217,793 |
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 | -44.894 % | £-78,564 | £96,435 |
| 3 Month Average | 29.520 % | £51,659 | £226,659 |
| 6 Month Average | 30.381 % | £53,167 | £228,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £96,811 | £95,000 | 20 LANE HEAD |
| 15 Mar 2023 | £112,885 | £111,000 | 5 GAUNLESS TERRACE |
| 6 Jan 2023 | £160,429 | £160,000 | 13 |
| 10 Nov 2022 | £126,409 | £127,000 | 24 COPLEY LANE |
| 30 Aug 2022 | £165,775 | £165,000 | 15 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Grewburn Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sun Road |
| Jul 2024 | Anti-social behaviour | On or near Copley Lane |