£297,785
This estimated value is based upon the latest sale price for the house of £180,000 on 22 Jan 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £180,000 | 22 Jan 2007 |
| £165,000 | 3 Nov 2006 |
| £176,995 | 24 Sep 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 sq feet |
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 January 2007 the House Price Index for DURHAM was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £180,000 results in an estimated price of approximately £297,785.
| 22 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £180,000 | £117,785 | £297,785 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -3.719 % | £-6,693 | £173,306 |
| 3 Month Average | 8.056 % | £14,499 | £194,499 |
| 6 Month Average | 12.787 % | £23,017 | £203,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £260,000 | £260,000 | 29 GEOFFREY AVENUE |
| 20 Dec 2023 | £204,277 | £198,000 | 9 MONUMENT COURT |
| 30 Nov 2023 | £220,600 | £215,000 | 17 MONUMENT COURT |
| 14 Aug 2023 | £200,618 | £197,000 | 1 MONUMENT COURT |
| 11 Aug 2023 | £560,102 | £550,000 | CROSS VIEW HOUSE CROSS VIEW LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Further investigation is not in the public interest | On or near Cross View Terrace |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near George Street |
| Aug 2024 | Public order | Under investigation | On or near Geoffrey Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alma Terrace |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alma Terrace |