£466,183
This estimated value is based upon the latest sale price for the house of £275,000 on 30 Jan 2013. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £275,000 | 30 Jan 2013 |
| £105,000 | 14 Aug 1998 |
| 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 January 2013 the House Price Index for DURHAM was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £275,000 results in an estimated price of approximately £466,183.
| 30 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £275,000 | £191,183 | £466,183 |
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 | 23.038 % | £63,355 | £338,355 |
| 3 Month Average | 0.464 % | £1,277 | £276,277 |
| 6 Month Average | 11.232 % | £30,887 | £305,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £197,930 | £195,000 | 1 DALE TERRACE |
| 12 Jul 2023 | £304,042 | £299,950 | GLOUCESTER HOUSE THE DENE |
| 21 Apr 2023 | £277,993 | £275,000 | 20 FALMOUTH CLOSE |
| 31 Mar 2023 | £211,997 | £210,000 | 4 YARMOUTH CLOSE |
| 8 Nov 2022 | £229,717 | £232,500 | 16 WEYMOUTH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Dene Road | |
| Feb 2024 | Anti-social behaviour | On or near Dene Road | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dene Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falmouth Close |
| Dec 2023 | Anti-social behaviour | On or near Yarmouth Close |