£574,772
This estimated value is based upon the latest sale price for the house of £350,000 on 24 Jan 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £350,000 | 24 Jan 2007 |
| £180,000 | 1 Aug 2006 |
| 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 January 2007 the House Price Index for DURHAM was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £350,000 results in an estimated price of approximately £574,772.
| 24 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £350,000 | £224,772 | £574,772 |
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 | -1.381 % | £-4,833 | £345,166 |
| 3 Month Average | -21.595 % | £-75,582 | £274,417 |
| 6 Month Average | -10.280 % | £-35,980 | £314,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £235,740 | £232,250 | 14 DALDEN GROVE |
| 5 Aug 2022 | £299,145 | £299,950 | 5 CASTLEREAGH ROAD |
| 13 Jul 2022 | £75,202 | £75,000 | 46 HAWTHORN SQUARE |
| 14 Jun 2022 | £121,720 | £120,000 | 8 MARLBOROUGH |
| 27 Apr 2022 | £133,869 | £129,995 | 15 MARLBOROUGH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vane Terrace |
| Feb 2024 | Other theft | Under investigation | On or near Vane Terrace |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vane Terrace |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Henry Street |