£370,930
This estimated value is based upon the latest sale price for the house of £308,000 on 29 Jul 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Parking Area
More crime details
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| Price Paid | Date |
|---|---|
| £308,000 | 29 Jul 2020 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in July 2020 the House Price Index for COUNTY DURHAM was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £308,000 results in an estimated price of approximately £370,930.
| 29 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £308,000 | £62,930 | £370,930 |
The Postcode Pricing Model uses changes in average sales price within the DH7 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 | -19.807 % | £-61,004 | £246,995 |
| 3 Month Average | -5.096 % | £-15,694 | £292,305 |
| 6 Month Average | 16.358 % | £50,382 | £358,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £147,796 | £145,000 | 3 GRETA PLACE |
| 13 Dec 2023 | £122,314 | £120,000 | 1 THE GARTHS |
| 30 Nov 2023 | £126,626 | £125,000 | 25A FRONT STREET |
| 31 Aug 2023 | £456,778 | £454,000 | 15 LEE HILL COURT |
| 27 Apr 2023 | £554,118 | £550,000 | LANCHESTER CARPETS CHURCH VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Station Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Station Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |