£122,573
This estimated value is based upon the latest sale price for the house of £28,000 on 11 Jun 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £28,000 | 11 Jun 1999 |
| £29,000 | 26 Feb 1999 |
| £35,500 | 31 Jan 1997 |
| £34,500 | 24 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 sq feet |
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 June 1999 the House Price Index for DURHAM was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £28,000 results in an estimated price of approximately £122,573.
| 11 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £28,000 | £94,573 | £122,573 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 91.900 % | £25,731 | £53,731 |
| 3 Month Average | 93.701 % | £26,236 | £54,236 |
| 6 Month Average | 127.078 % | £35,581 | £63,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £42,748 | £42,000 | 18 WESLEY CRESCENT |
| 25 Sep 2023 | £41,531 | £41,000 | 68 CHURCH STREET |
| 25 Aug 2023 | £88,777 | £88,000 | 3 BRANCEPETH PLACE |
| 28 Jun 2023 | £141,717 | £140,000 | 38 CHURCH STREET |
| 26 Jun 2023 | £20,245 | £20,000 | 75A CHURCH STREET |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 26 Mar 2015. Using an estimated price of £122,573 means this house is valued at £996 per sq meter (£92 per sq foot).
The average size of a house on RABY GARDENS is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near John Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near John Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near John Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near John Street |
| Feb 2024 | Anti-social behaviour | On or near Spencely Street |