£78,450
This estimated value is based upon the latest sale price for the house of £77,500 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £77,500 | 16 Jun 2023 |
| £105,000 | 20 Jun 2008 |
| 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 June 2023 the House Price Index for DURHAM was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £77,500 results in an estimated price of approximately £78,450.
| 16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £77,500 | £950 | £78,450 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 14.366 % | £11,133 | £88,633 |
| 3 Month Average | 3.863 % | £2,993 | £80,493 |
| 6 Month Average | -0.607 % | £-470 | £77,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £88,549 | £87,000 | 53 HEXHAM AVENUE |
| 16 Jun 2023 | £78,450 | £77,500 | 57 GRANTHAM AVENUE |
| 24 Aug 2022 | £75,796 | £76,000 | 57 IVY AVENUE |
| 2 Aug 2022 | £79,785 | £80,000 | 43 GRANTHAM AVENUE |
| 8 Jul 2022 | £50,135 | £50,000 | 44 DALTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Exeter Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Exeter Avenue | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Exeter Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Exeter Avenue |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Exeter Avenue |