£466,373
This estimated value is based upon the latest sale price for the house of £265,000 on 16 Oct 2009. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £265,000 | 16 Oct 2009 |
| Terraced |
| 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 October 2009 the House Price Index for COUNTY DURHAM was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £265,000 results in an estimated price of approximately £466,373.
| 16 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £265,000 | £201,373 | £466,373 |
The Postcode Pricing Model uses changes in average sales price within the DL2 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 | 8.921 % | £23,640 | £288,640 |
| 3 Month Average | 14.643 % | £38,804 | £303,804 |
| 6 Month Average | 34.672 % | £91,879 | £356,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2022 | £2,223 | £2,250 | 23 ACADEMY GARDENS |
| 1 Jun 2022 | £324,587 | £320,000 | 12 SOUTH VIEW |
| 18 Mar 2022 | £440,411 | £425,000 | 39 ACADEMY GARDENS |
| 29 Oct 2021 | £248,958 | £225,000 | 34 ACADEMY GARDENS |
| 25 Aug 2021 | £239,857 | £215,000 | 10 NORTH TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near South View |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Balmer Hill |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Academy Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Davisons Court |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wood Lane |