£85,644
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Feb 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 25 Feb 2020 |
| £65,000 | 20 Dec 2019 |
| £28,000 | 8 Nov 1996 |
| 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 February 2020 the House Price Index for DURHAM was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £70,000 results in an estimated price of approximately £85,644.
| 25 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £70,000 | £15,644 | £85,644 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 12.395 % | £8,676 | £78,676 |
| 3 Month Average | -3.401 % | £-2,380 | £67,619 |
| 6 Month Average | 8.132 % | £5,692 | £75,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £88,549 | £87,000 | 48 ROSEBY ROAD |
| 3 Jul 2023 | £101,364 | £100,000 | 67 ROSEDALE TERRACE |
| 16 Jun 2023 | £60,736 | £60,000 | 54 ROSEBY ROAD |
| 13 Apr 2023 | £85,925 | £85,000 | 24 GALLAGHER CRESCENT |
| 20 Jan 2023 | £87,587 | £88,000 | 62 ROSEDALE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Chapel Hill Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Matterdale Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Matterdale Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Matterdale Road |