£486,847
This estimated value is based upon the latest sale price for the house of £177,500 on 20 Aug 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £177,500 | 20 Aug 2002 |
| 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 August 2002 the House Price Index for DURHAM was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £177,500 results in an estimated price of approximately £486,847.
| 20 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £177,500 | £309,347 | £486,847 |
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 | 215.560 % | £382,618 | £560,118 |
| 3 Month Average | 165.406 % | £293,595 | £471,095 |
| 6 Month Average | 195.819 % | £347,578 | £525,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £298,211 | £295,000 | 29 LEECHMERE CRESCENT |
| 4 Apr 2023 | £90,980 | £90,000 | 41 GREGSON TERRACE |
| 7 Feb 2023 | £81,945 | £82,000 | 23 LEECHMERE CRESCENT |
| 28 Nov 2022 | £459,435 | £465,000 | 11 FIELD HOUSE FARM |
| 15 Jun 2022 | £160,265 | £158,000 | 18 BURDON CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Field House Farm |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hoy Crescent |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Hoy Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hoy Crescent |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |