£185,177
This estimated value is based upon the latest sale price for the house of £95,000 on 23 Jul 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £95,000 | 23 Jul 2004 |
| £72,000 | 9 Jun 2003 |
| 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 July 2004 the House Price Index for DURHAM was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £95,000 results in an estimated price of approximately £185,177.
| 23 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £95,000 | £90,177 | £185,177 |
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 | -5.750 % | £-5,462 | £89,537 |
| 3 Month Average | 5.971 % | £5,672 | £100,672 |
| 6 Month Average | 26.468 % | £25,144 | £120,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £96,296 | £95,000 | 4 LEVEN WALK |
| 17 Jul 2023 | £67,407 | £66,500 | HEARTS OF OAK OAKERSIDE DRIVE |
| 7 Jun 2023 | £46,564 | £46,000 | 132 OAKERSIDE DRIVE |
| 27 Feb 2023 | £83,944 | £84,000 | 4 MEDWAY CLOSE |
| 20 Jan 2023 | £89,578 | £90,000 | 82 OAKERSIDE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Oakerside Drive | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oakerside Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakerside Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakerside Drive |
| Mar 2024 | Anti-social behaviour | On or near Park/Open Space |