£286,486
This estimated value is based upon the latest sale price for the house of £165,000 on 30 Nov 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£165,000 | 30 Nov 2011 |
Terraced |
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 November 2011 the House Price Index for COUNTY DURHAM was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £165,000 results in an estimated price of approximately £286,486.
30 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £165,000 | £121,486 | £286,486 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -33.787 % | £-55,747 | £109,252 |
3 Month Average | 6.056 % | £9,991 | £174,991 |
6 Month Average | 12.774 % | £21,076 | £186,076 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £128,963 | £125,000 | 7 WEST LANE |
5 Sep 2023 | £357,889 | £350,000 | HILLCREST HOUSE, 2 HILLCREST MEWS |
9 Sep 2022 | £74,950 | £75,000 | 5 THE GREEN |
13 May 2022 | £492,839 | £480,000 | THE SHIELING THE VILLAGE |
12 Jan 2022 | £206,739 | £195,000 | 24 THE VILLAGE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Belmont Avenue | |
Jun 2024 | Anti-social behaviour | On or near Belmont Avenue | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glencot Grove |
Jul 2024 | Vehicle crime | Awaiting court outcome | On or near High West Lane |
Jun 2024 | Anti-social behaviour | On or near High West Lane |