£153,318
This estimated value is based upon the latest sale price for the house of £38,500 on 21 Jan 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £38,500 | 21 Jan 2000 |
| 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 January 2000 the House Price Index for DURHAM was 37.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 298.231%.Applying this 298.231% change to the original purchase price of £38,500 results in an estimated price of approximately £153,318.
| 21 Jan 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.3 | 148.6 | 298.231 % | £38,500 | £114,818 | £153,318 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 194.909 % | £75,039 | £113,539 |
| 3 Month Average | 140.275 % | £54,005 | £92,505 |
| 6 Month Average | 184.537 % | £71,046 | £109,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £188,650 | £187,000 | 70 WOODLANDS |
| 30 Jun 2023 | £68,834 | £68,000 | 62 BURNHALL DRIVE |
| 3 Feb 2023 | £159,892 | £160,000 | 28 NORTHLEA ROAD |
| 2 Mar 2022 | £64,766 | £62,500 | 46 BURNHALL DRIVE |
| 21 Jan 2022 | £136,760 | £129,950 | 18 NORMANBY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnhall Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Normanby Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Normanby Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Normanby Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Neasham Road |