£462,037
This estimated value is based upon the latest sale price for the house of £450,000 on 4 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 |
|---|---|
| £450,000 | 4 May 2022 |
| £292,000 | 22 Sep 2010 |
| £126,000 | 16 May 2000 |
| £105,000 | 24 Aug 1998 |
| 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 £450,000 results in an estimated price of approximately £462,037.
| 4 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £450,000 | £12,037 | £462,037 |
The Postcode Pricing Model uses changes in average sales price within the DL13 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 | 6.667 % | £30,000 | £480,000 |
| 3 Month Average | -12.450 % | £-56,023 | £393,976 |
| 6 Month Average | -7.957 % | £-35,807 | £414,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2024 | £245,000 | £245,000 | CHAPTERS |
| 17 May 2024 | £137,500 | £137,500 | 40 PINFOLD LANE |
| 13 Dec 2023 | £170,231 | £165,000 | SHALOM STONE ROW |
| 3 Nov 2023 | £156,472 | £152,500 | 5 |
| 5 Apr 2023 | £361,767 | £355,000 | STATION VIEW PINFOLD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Under investigation | On or near Loop Lane |
| Sep 2024 | Other theft | Under investigation | On or near Loop Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nettlebed Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinfold Lane |
| Aug 2024 | Public order | Under investigation | On or near Diamond Hill |