£85,021
This estimated value is based upon the latest sale price for the house of £30,750 on 19 Jul 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £30,750 | 19 Jul 2002 |
| £26,400 | 26 Feb 1999 |
| £12,000 | 24 Apr 1995 |
| 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 2002 the House Price Index for DURHAM was 53.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 176.491%.Applying this 176.491% change to the original purchase price of £30,750 results in an estimated price of approximately £85,021.
| 19 Jul 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 146.7 | 176.491 % | £30,750 | £54,271 | £85,021 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 107.214 % | £32,968 | £63,718 |
| 3 Month Average | 125.437 % | £38,572 | £69,322 |
| 6 Month Average | 153.567 % | £47,221 | £77,971 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spiro Court |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Spiro Court |
| Mar 2024 | Anti-social behaviour | On or near The Chequers | |
| Feb 2024 | Anti-social behaviour | On or near The Chequers | |
| Feb 2024 | Anti-social behaviour | On or near The Chequers |