£319,837
This estimated value is based upon the latest sale price for the house of £166,000 on 11 Aug 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £166,000 | 11 Aug 2004 |
| £65,000 | 28 Jul 2000 |
| 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 August 2004 the House Price Index for DURHAM was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £166,000 results in an estimated price of approximately £319,837.
| 11 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £166,000 | £153,837 | £319,837 |
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 | 24.807 % | £41,180 | £207,180 |
| 3 Month Average | 8.731 % | £14,494 | £180,494 |
| 6 Month Average | 39.245 % | £65,146 | £231,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £180,812 | £178,500 | 50 RUTHERFORD AVENUE |
| 11 Aug 2023 | £95,838 | £95,000 | 38 AMBLESIDE AVENUE |
| 6 May 2022 | £122,305 | £120,000 | 35 AMBLESIDE AVENUE |
| 20 Aug 2021 | £108,773 | £97,500 | 11 AMBLESIDE AVENUE |
| 17 Aug 2021 | £239,857 | £215,000 | 7 AMBLESIDE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ambleside Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rutherford Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mill Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Road |