£117,939
This estimated value is based upon the latest sale price for the house of £50,000 on 20 Jun 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £50,000 | 20 Jun 2003 |
| £10,000 | 5 Jul 1999 |
| Terraced |
| 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 2003 the House Price Index for DURHAM was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £50,000 results in an estimated price of approximately £117,939.
| 20 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £50,000 | £67,939 | £117,939 |
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 | 149.687 % | £74,843 | £124,843 |
| 3 Month Average | 97.316 % | £48,658 | £98,658 |
| 6 Month Average | 137.369 % | £68,684 | £118,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £91,603 | £90,000 | M & K SERVICES GEORGE STREET INDUSTRIAL ESTATE |
| 19 Sep 2023 | £172,202 | £170,000 | 3 EMILY STREET EAST |
| 8 Sep 2023 | £172,202 | £170,000 | 9 CLARENCE STREET |
| 31 Jul 2023 | £182,405 | £179,950 | 6 EMILY STREET EAST |
| 4 Jul 2023 | £93,762 | £92,500 | 45 MARLBOROUGH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Emily Street East |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Charles Street |
| Jan 2024 | Drugs | Offender given a caution | On or near Clarence Street |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Clarence Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Talbot Place |