£1,991,608
This estimated value is based upon the latest sale price for the house of £325,000 on 13 Jun 2024. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Martin Street
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Price Paid | Date |
---|---|
£325,000 | 13 Jun 2024 |
£178,000 | 28 May 2008 |
£71,000 | 24 Sep 1999 |
£45,000 | 6 Feb 1998 |
Flats/Maisonettes |
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 June 2024 the House Price Index for DURHAM was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £325,000 results in an estimated price of approximately £1,991,608.
13 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £325,000 | £1,666,608 | £1,991,608 |
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 | -12.294 % | £-39,953 | £285,046 |
3 Month Average | -3.121 % | £-10,142 | £314,857 |
6 Month Average | -4.038 % | £-13,122 | £311,877 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £221,927 | £220,000 | ENDSLEIGH, 6 UNION LANE |
30 Nov 2023 | £266,720 | £259,950 | 1 UNION LANE |
11 Oct 2023 | £82,882 | £81,000 | 3 FAIRFIELD COTTAGES |
2 Oct 2023 | £294,693 | £288,000 | 4 WEARDALE HOUSE |
29 Jun 2023 | £107,147 | £105,000 | 5 DALES TERRACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Martin Street |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Martin Street |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Graham Street |
Jul 2024 | Anti-social behaviour | On or near Graham Street | |
Jul 2024 | Anti-social behaviour | On or near Graham Street |