£167,200
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Oct 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £150,000 | 12 Oct 2021 |
| £92,000 | 25 Sep 2017 |
| £70,000 | 18 Jun 2015 |
| £23,000 | 5 May 1995 |
| Terraced |
| 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 2021 the House Price Index for DURHAM was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £150,000 results in an estimated price of approximately £167,200.
| 12 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £150,000 | £17,200 | £167,200 |
The Postcode Pricing Model uses changes in average sales price within the TS27 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 | 91.432 % | £137,147 | £287,147 |
| 3 Month Average | 48.022 % | £72,032 | £222,032 |
| 6 Month Average | -0.360 % | £-540 | £149,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £257,926 | £250,000 | 1 DENE VIEW |
| 24 Aug 2023 | £170,065 | £166,998 | PLOUGH INN |
| 2 Jun 2023 | £156,384 | £153,250 | 5 HUTTON CRESCENT |
| 9 Mar 2023 | £127,123 | £125,000 | 1 FRONT STREET |
| 18 Mar 2022 | £125,272 | £120,000 | SHUTE COTTAGE SPENCERS BUILDINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hutton Crescent |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hutton Crescent |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Hutton Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hutton Crescent |
| Oct 2024 | Burglary | Under investigation | On or near The Foundry |