£523,333
This estimated value is based upon the latest sale price for the house of £340,000 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£340,000 | 4 Jul 2014 |
£211,400 | 12 Jan 2006 |
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 July 2014 the House Price Index for COUNTY DURHAM was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £340,000 results in an estimated price of approximately £523,333.
4 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £340,000 | £183,333 | £523,333 |
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 | -21.371 % | £-72,660 | £267,339 |
3 Month Average | 35.864 % | £121,936 | £461,936 |
6 Month Average | 46.173 % | £156,986 | £496,986 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £121,051 | £120,000 | 29 FRONT STREET |
7 Dec 2023 | £68,092 | £66,000 | 9 PROSPECT TERRACE |
29 Sep 2023 | £7,158 | £7,000 | 1 VICTORIA COTTAGES |
12 Jun 2023 | £147,965 | £145,000 | 16 WEST END TERRACE |
18 Jan 2023 | £89,238 | £89,000 | 1 PROSPECT TERRACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Petrol Station |
Aug 2024 | Drugs | Offender given a caution | On or near Petrol Station |
Jun 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Petrol Station |
Jun 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Petrol Station |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |