£328,559
This estimated value is based upon the latest sale price for the house of £320,000 on 6 May 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £320,000 | 6 May 2022 |
| £290,000 | 3 Jun 2020 |
| £245,000 | 7 Sep 2015 |
| £210,000 | 22 Mar 2013 |
| £195,000 | 21 Feb 2012 |
| £178,000 | 30 Jun 2004 |
| £86,000 | 31 Jul 1998 |
| 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 May 2022 the House Price Index for COUNTY DURHAM was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £320,000 results in an estimated price of approximately £328,559.
| 6 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £320,000 | £8,559 | £328,559 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 44.132 % | £141,223 | £461,223 |
| 3 Month Average | 14.782 % | £47,301 | £367,301 |
| 6 Month Average | 4.025 % | £12,879 | £332,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £127,905 | £125,000 | 6 COHORT CLOSE |
| 4 Aug 2023 | £422,622 | £415,000 | CHURCH HOUSE FRONT STREET |
| 3 Apr 2023 | £276,675 | £271,500 | 10 SPRING CLOSE |
| 31 Aug 2022 | £296,386 | £295,000 | 20 CHESTERS DENE |
| 19 Aug 2022 | £150,705 | £150,000 | MAINS COTTAGE FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foss Way |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Foss Way |
| May 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Foss Way |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hadrians Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Spring Close |