£456,829
This estimated value is based upon the latest sale price for the house of £453,125 on 22 Jun 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £453,125 | 22 Jun 2023 |
| £144,500 | 26 Oct 2018 |
| Semi-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 June 2023 the House Price Index for COUNTY DURHAM was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £453,125 results in an estimated price of approximately £456,829.
| 22 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £453,125 | £3,704 | £456,829 |
The Postcode Pricing Model uses changes in average sales price within the DL12 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 | 9.693 % | £43,920 | £497,045 |
| 3 Month Average | 3.550 % | £16,087 | £469,212 |
| 6 Month Average | 20.164 % | £91,369 | £544,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £456,829 | £453,125 | 1 MILL COTTAGES DEMESNES |
| 7 Jun 2023 | £438,556 | £435,000 | MALVERN HOUSE, 2 PARK TERRACE |
| 1 Jun 2023 | £483,924 | £480,000 | 2 WESLEY TERRACE |
| 2 Sep 2022 | £221,308 | £224,000 | 52 NEWGATE |
| 30 Aug 2022 | £427,114 | £430,000 | RIVERDALE THE LENDINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Old School Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Old School Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Priory Yard |
| Feb 2024 | Anti-social behaviour | On or near Priory Yard | |
| Feb 2024 | Anti-social behaviour | On or near Priory Yard |