£306,663
This estimated value is based upon the latest sale price for the house of £132,000 on 4 Jul 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £132,000 | 4 Jul 2003 |
| Semi-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 July 2003 the House Price Index for DURHAM was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £132,000 results in an estimated price of approximately £306,663.
| 4 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £132,000 | £174,663 | £306,663 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 16.044 % | £21,177 | £153,177 |
| 3 Month Average | 27.878 % | £36,798 | £168,798 |
| 6 Month Average | 69.785 % | £92,116 | £224,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £170,525 | £168,000 | THE LOCOMOTIVE, 207 BYERLEY ROAD |
| 17 Nov 2023 | £46,691 | £46,000 | 11 SCOTT STREET |
| 3 Nov 2023 | £59,887 | £59,000 | 8 TOMLIN STREET |
| 14 Aug 2023 | £58,512 | £58,000 | 16 SCOTT STREET |
| 28 Jul 2023 | £86,160 | £85,000 | 3 WINDSOR COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Further action is not in the public interest | On or near Chapel Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Strand Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Strand Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Strand Street |
| Jan 2024 | Anti-social behaviour | On or near Adelaide Street |