£524,862
This estimated value is based upon the latest sale price for the house of £305,000 on 30 Sep 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £305,000 | 30 Sep 2008 |
| £225,000 | 17 Jul 2003 |
| £130,000 | 10 Oct 1997 |
| 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 September 2008 the House Price Index for DURHAM was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.086%.Applying this 72.086% change to the original purchase price of £305,000 results in an estimated price of approximately £524,862.
| 30 Sep 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.086 % | £305,000 | £219,862 | £524,862 |
The Postcode Pricing Model uses changes in average sales price within the DL2 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 | 80.678 % | £246,067 | £551,067 |
| 3 Month Average | 42.772 % | £130,455 | £435,455 |
| 6 Month Average | 36.396 % | £111,006 | £416,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £302,648 | £300,000 | 11 ST GREGORY CLOSE |
| 26 Jul 2023 | £141,910 | £140,000 | 3 CORONATION GARDENS |
| 25 Jan 2023 | £80,197 | £80,575 | 13 SOUTH CLEATLAM |
| 3 Aug 2022 | £125,662 | £126,000 | 12 CORONATION GARDENS |
| 9 Jun 2022 | £471,666 | £465,000 | 1 WEST TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stewardson Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stewardson Lane |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Stewardson Lane |
| Dec 2023 | Anti-social behaviour | On or near Tarn Lane | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tarn Lane |