£94,281
This estimated value is based upon the latest sale price for the house of £50,000 on 10 Dec 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £50,000 | 10 Dec 2004 |
| £14,500 | 17 Sep 2003 |
| £11,500 | 10 Dec 1998 |
| 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 December 2004 the House Price Index for DURHAM was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £50,000 results in an estimated price of approximately £94,281.
| 10 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £50,000 | £44,281 | £94,281 |
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 | 48.175 % | £24,087 | £74,087 |
| 3 Month Average | 17.073 % | £8,536 | £58,536 |
| 6 Month Average | 20.022 % | £10,010 | £60,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £116,728 | £115,000 | 6 MEADOWFIELD |
| 15 Sep 2023 | £91,166 | £90,000 | 18 LANGLEY TERRACE |
| 24 Jul 2023 | £364,911 | £360,000 | 1 BOUNDARY VIEW |
| 14 Apr 2023 | £353,810 | £350,000 | 2 BOUNDARY VIEW |
| 17 Mar 2023 | £86,818 | £86,000 | 7 LANGLEY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Feb 2024 | Anti-social behaviour | On or near Burnhope Court | |
| Feb 2024 | Anti-social behaviour | On or near Burnhope Court | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Meadowfield |