£510,437
This estimated value is based upon the latest sale price for the house of £84,999 on 13 Oct 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £84,999 | 13 Oct 2023 |
| £77,500 | 2 Nov 2011 |
| £64,000 | 16 Oct 2009 |
| £78,000 | 27 Feb 2009 |
| £31,000 | 19 Mar 2003 |
| Semi-Detached |
| 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 2023 the House Price Index for COUNTY DURHAM was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £84,999 results in an estimated price of approximately £510,437.
| 13 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £84,999 | £425,438 | £510,437 |
The Postcode Pricing Model uses changes in average sales price within the TS27 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 | -6.877 % | £-5,845 | £79,153 |
| 3 Month Average | -22.273 % | £-18,932 | £66,066 |
| 6 Month Average | -7.801 % | £-6,630 | £78,368 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tweddle Crescent |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sea View |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Sea View |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sea View |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Sea View |