£49,483
This estimated value is based upon the latest sale price for the house of £38,000 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £38,000 | 21 Apr 2017 |
| £37,800 | 9 Jun 2016 |
| £36,000 | 24 Mar 2015 |
| £75,000 | 17 Sep 2007 |
| £68,000 | 2 Sep 2005 |
| £14,000 | 8 Sep 2000 |
| £15,700 | 30 Oct 1998 |
| 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 April 2017 the House Price Index for DURHAM was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £38,000 results in an estimated price of approximately £49,483.
| 21 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £38,000 | £11,483 | £49,483 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | 42.999 % | £16,339 | £54,339 |
| 3 Month Average | 11.717 % | £4,452 | £42,452 |
| 6 Month Average | -2.663 % | £-1,011 | £36,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £55,000 | £55,000 | 5 STATION TERRACE |
| 5 Apr 2024 | £78,683 | £78,000 | 68 THE OAKS |
| 19 Dec 2023 | £134,121 | £130,000 | 6 BOWES CLOSE |
| 6 Nov 2023 | £144,672 | £141,000 | 7 BOWES CLOSE |
| 18 Oct 2023 | £76,743 | £75,000 | 28 GORDON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaks Bank |
| Jul 2024 | Anti-social behaviour | On or near Low Bowes Close | |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Rochdale Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Provident Terrace |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Delaware Avenue |