£660,171
This estimated value is based upon the latest sale price for the house of £421,500 on 24 Oct 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £421,500 | 24 Oct 2007 |
| Semi-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 October 2007 the House Price Index for DURHAM was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £421,500 results in an estimated price of approximately £660,171.
| 24 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £421,500 | £238,671 | £660,171 |
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 | 24.761 % | £104,368 | £525,868 |
| 3 Month Average | 28.999 % | £122,232 | £543,732 |
| 6 Month Average | 27.414 % | £115,549 | £537,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £594,128 | £585,000 | 32 ALBERT STREET |
| 20 Jun 2023 | £41,787,422 | £40,950,000 | RUSHFORD COURT NORTH ROAD |
| 27 Jan 2023 | £541,447 | £540,000 | 7 ALBERT STREET |
| 14 Jul 2022 | £484,858 | £480,000 | FIELD HOUSE ALBERT STREET |
| 16 May 2022 | £592,947 | £577,500 | SOMERSBY BACK WESTERN HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Back Western Hill | |
| Oct 2024 | Anti-social behaviour | On or near Back Western Hill | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Obelisk Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Obelisk Lane |
| Sep 2024 | Other theft | Under investigation | On or near Princes' Street |