£198,397
This estimated value is based upon the latest sale price for the house of £200,000 on 1 Sep 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £200,000 | 1 Sep 2022 |
| £163,000 | 20 Jul 2018 |
| £179,995 | 7 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 September 2022 the House Price Index for DURHAM was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £200,000 results in an estimated price of approximately £198,397.
| 1 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £200,000 | £-1,602 | £198,397 |
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 | 8.287 % | £16,574 | £216,574 |
| 3 Month Average | 4.429 % | £8,857 | £208,857 |
| 6 Month Average | 8.915 % | £17,829 | £217,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £218,231 | £215,000 | 17 MONUMENT COURT |
| 28 Nov 2023 | £213,156 | £210,000 | 30 MONUMENT COURT |
| 14 Aug 2023 | £198,739 | £197,000 | 1 MONUMENT COURT |
| 11 Aug 2023 | £554,854 | £550,000 | CROSS VIEW HOUSE CROSS VIEW LANE |
| 21 Jul 2023 | £948,769 | £936,000 | 5 CROSS VIEW TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross View Terrace |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near George Street |
| Dec 2023 | Anti-social behaviour | On or near Cross View Lane | |
| Dec 2023 | Anti-social behaviour | On or near Cross View Lane | |
| Dec 2023 | Anti-social behaviour | On or near Cross View Lane |