£3,512
This estimated value is based upon the latest sale price for the house of £3,149 on 14 May 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £3,149 | 14 May 2021 |
| £162,000 | 5 Sep 2003 |
| 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 May 2021 the House Price Index for DURHAM was 131.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 11.559%.Applying this 11.559% change to the original purchase price of £3,149 results in an estimated price of approximately £3,512.
| 14 May 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 146.7 | 11.559 % | £3,149 | £363 | £3,512 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -48.013 % | £-1,511 | £1,637 |
| 3 Month Average | -54.607 % | £-1,719 | £1,429 |
| 6 Month Average | 4.462 % | £140 | £3,289 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jubilee Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Jubilee Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Jubilee Close |
| Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Jubilee Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Rosa Street |