£163,164
This estimated value is based upon the latest sale price for the house of £121,500 on 25 May 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £121,500 | 25 May 2016 |
| £59,950 | 18 Oct 2002 |
| £32,750 | 16 Jan 1998 |
| 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 May 2016 the House Price Index for DURHAM was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £121,500 results in an estimated price of approximately £163,164.
| 25 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £121,500 | £41,664 | £163,164 |
The Postcode Pricing Model uses changes in average sales price within the DH7 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 | 42.812 % | £52,016 | £173,516 |
| 3 Month Average | 8.615 % | £10,467 | £131,967 |
| 6 Month Average | 17.091 % | £20,765 | £142,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £171,500 | £170,000 | 6 KINGS AVENUE |
| 13 Mar 2023 | £50,476 | £50,000 | 1A PROSPECT HOUSE FRONT STREET |
| 28 Feb 2023 | £69,953 | £70,000 | 1 ESH TERRACE |
| 6 Jan 2023 | £271,720 | £273,000 | 19 KINGS AVENUE |
| 2 Mar 2022 | £65,803 | £63,500 | 2 IRENE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Front Street |
| Feb 2024 | Possession of weapons | Offender given a caution | On or near Beech Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Court |
| Jan 2024 | Anti-social behaviour | On or near Beech Court | |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Beech Court |