£346,041
This estimated value is based upon the latest sale price for the house of £148,950 on 17 Jul 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £148,950 | 17 Jul 2003 |
| £82,750 | 5 Oct 2001 |
| £81,000 | 30 Jun 1999 |
| 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 July 2003 the House Price Index for DURHAM was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £148,950 results in an estimated price of approximately £346,041.
| 17 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £148,950 | £197,091 | £346,041 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 110.416 % | £164,464 | £313,414 |
| 3 Month Average | 62.810 % | £93,554 | £242,504 |
| 6 Month Average | 59.281 % | £88,298 | £237,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £211,853 | £210,000 | 22 PATENSON COURT |
| 28 Jul 2023 | £197,660 | £195,000 | 6 WELLHOUSE ROAD |
| 27 May 2022 | £144,727 | £142,000 | 8 WELLHOUSE ROAD |
| 21 Dec 2021 | £233,560 | £218,000 | 31A FOXGLOVE CLOSE |
| 29 Nov 2019 | £165,570 | £135,000 | 5 WELLHOUSE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forster Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forster Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bluestone Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wakenshaw Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancelot Close |