£242,323
This estimated value is based upon the latest sale price for the house of £144,000 on 8 Aug 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £144,000 | 8 Aug 2008 |
| 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 August 2008 the House Price Index for DURHAM was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £144,000 results in an estimated price of approximately £242,323.
| 8 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £144,000 | £98,323 | £242,323 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -16.139 % | £-23,240 | £120,759 |
| 3 Month Average | 3.970 % | £5,716 | £149,716 |
| 6 Month Average | 14.746 % | £21,234 | £165,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £182,331 | £180,000 | 128 YORK CRESCENT |
| 25 Aug 2023 | £204,287 | £202,500 | 144 YORK CRESCENT |
| 30 Jun 2023 | £232,314 | £229,500 | 29 WORCESTER ROAD |
| 7 Jun 2023 | £222,698 | £220,000 | 25 WORCESTER ROAD |
| 2 Jun 2023 | £161,962 | £160,000 | 3 NORWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Worcester Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rochester Road |