£128,864
This estimated value is based upon the latest sale price for the house of £59,950 on 12 Dec 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Morland Street
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Price Paid | Date |
---|---|
£59,950 | 12 Dec 2003 |
£34,000 | 14 Nov 2001 |
£33,950 | 8 Jan 1999 |
£13,000 | 31 Jul 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 2003 the House Price Index for DURHAM was 68.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 114.953%.Applying this 114.953% change to the original purchase price of £59,950 results in an estimated price of approximately £128,864.
12 Dec 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 146.7 | 114.953 % | £59,950 | £68,914 | £128,864 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | 39.506 % | £23,684 | £83,634 |
3 Month Average | 35.456 % | £21,256 | £81,206 |
6 Month Average | 45.856 % | £27,490 | £87,440 |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Formal action is not in the public interest | On or near Morland Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morland Street |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Morland Street |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Seymour Street |
Jan 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Seymour Street |