£72,607
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Jun 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £50,000 | 15 Jun 2015 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in June 2015 the House Price Index for COUNTY DURHAM was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £50,000 results in an estimated price of approximately £72,607.
| 15 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £50,000 | £22,607 | £72,607 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -12.768 % | £-6,383 | £43,616 |
| 3 Month Average | -21.289 % | £-10,644 | £39,355 |
| 6 Month Average | -5.634 % | £-2,816 | £47,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £50,000 | £50,000 | 34 WEST AVENUE |
| 3 Aug 2023 | £122,572 | £121,500 | 16 EAST VIEW |
| 8 Jun 2023 | £66,303 | £65,500 | 19 RABY AVENUE |
| 28 Apr 2023 | £34,370 | £34,000 | 38 RABY AVENUE |
| 24 Mar 2023 | £37,503 | £37,150 | 42 RABY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near The Crescent |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Thomas Street |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Thomas Street |
| Dec 2023 | Anti-social behaviour | On or near Thomas Street | |
| Dec 2023 | Anti-social behaviour | On or near Thomas Street |