£290,159
This estimated value is based upon the latest sale price for the house of £173,500 on 28 Jul 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £173,500 | 28 Jul 2010 |
| £163,000 | 12 Sep 2005 |
| £78,500 | 11 Sep 2001 |
| £70,000 | 2 Feb 2001 |
| £45,500 | 27 Jan 1995 |
| 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 July 2010 the House Price Index for COUNTY DURHAM was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.239%.Applying this 67.239% change to the original purchase price of £173,500 results in an estimated price of approximately £290,159.
| 28 Jul 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.239 % | £173,500 | £116,659 | £290,159 |
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 | 45.857 % | £79,561 | £253,061 |
| 3 Month Average | 5.464 % | £9,480 | £182,980 |
| 6 Month Average | 7.404 % | £12,845 | £186,345 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newbiggen Lane |
| Dec 2023 | Criminal damage and arson | Further investigation is not in the public interest | On or near Newbiggen Lane |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Newbiggen Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burnside |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alderdene |