£71,950
This estimated value is based upon the latest sale price for the house of £72,000 on 21 Jul 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,000 | 21 Jul 2023 |
| £27,500 | 30 Jan 2004 |
| £12,000 | 18 Jan 2002 |
| £11,000 | 7 Oct 1997 |
| Semi-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 2023 the House Price Index for DURHAM was 146.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.068%.Applying this -0.068% change to the original purchase price of £72,000 results in an estimated price of approximately £71,950.
| 21 Jul 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 146.7 | -0.068 % | £72,000 | £-49 | £71,950 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | -14.081 % | £-10,138 | £61,861 |
| 3 Month Average | -20.366 % | £-14,663 | £57,336 |
| 6 Month Average | -3.862 % | £-2,780 | £69,219 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grasmere Road |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Thirlmere Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thirlmere Road |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Thirlmere Road |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Thirlmere Road |