£117,794
This estimated value is based upon the latest sale price for the house of £72,500 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Ripon Terrace
More crime details
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| Price Paid | Date |
|---|---|
| £72,500 | 22 Nov 2013 |
| Terraced |
| 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 November 2013 the House Price Index for COUNTY DURHAM was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £72,500 results in an estimated price of approximately £117,794.
| 22 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £72,500 | £45,294 | £117,794 |
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 | 3.099 % | £2,247 | £74,747 |
| 3 Month Average | -8.111 % | £-5,880 | £66,619 |
| 6 Month Average | 7.501 % | £5,438 | £77,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £47,199 | £46,500 | 4 EAST VIEW |
| 22 Sep 2023 | £97,243 | £96,000 | 6 PORTER TERRACE |
| 13 Sep 2023 | £51,661 | £51,000 | 7 PORTER TERRACE |
| 16 Jun 2023 | £58,711 | £58,000 | 28 WINDSOR TERRACE |
| 31 Mar 2023 | £70,666 | £70,000 | 20 HARROGATE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ripon Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ripon Terrace |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ripon Terrace |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ripon Terrace |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ripon Terrace |