£491,544
This estimated value is based upon the latest sale price for the house of £395,000 on 15 Feb 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £395,000 | 15 Feb 2018 |
| Detached |
| 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 February 2018 the House Price Index for COUNTY DURHAM was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £395,000 results in an estimated price of approximately £491,544.
| 15 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.0 | 24.442 % | £395,000 | £96,544 | £491,544 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | -15.695 % | £-61,996 | £333,003 |
| 3 Month Average | 11.465 % | £45,285 | £440,285 |
| 6 Month Average | 19.388 % | £76,584 | £471,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £69,821 | £68,500 | 10 WINDSOR TERRACE |
| 29 Aug 2023 | £186,082 | £184,950 | 22 HOWARD CLOSE |
| 10 Aug 2023 | £79,986 | £79,500 | 3 BRIDGE ROAD |
| 27 Mar 2023 | £56,304 | £56,000 | 12 BRIDGE ROAD |
| 31 Jan 2023 | £91,199 | £92,000 | 21 BRIDGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Railway Terrace |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridge Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Bridge Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Bridge Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridge Road |