£101,553
This estimated value is based upon the latest sale price for the house of £98,000 on 23 Mar 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £98,000 | 23 Mar 2022 |
| £126,000 | 28 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 752 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 March 2022 the House Price Index for DURHAM was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £98,000 results in an estimated price of approximately £101,553.
| 23 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £98,000 | £3,553 | £101,553 |
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 | -7.744 % | £-7,589 | £90,410 |
| 3 Month Average | -11.326 % | £-11,099 | £86,900 |
| 6 Month Average | -2.925 % | £-2,866 | £95,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £96,230 | £95,000 | 10 PICKERING PLACE |
| 31 Jul 2023 | £150,019 | £148,000 | 7 GRANGE ROAD |
| 6 Jul 2023 | £165,426 | £163,200 | 58 GRANGE ROAD |
| 9 Jun 2023 | £197,391 | £195,000 | 32 SWINSIDE DRIVE |
| 23 Mar 2023 | £173,636 | £172,000 | 35 GRANGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Pickering Place |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Newlands Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magdalene Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magdalene Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |