£578,816
This estimated value is based upon the latest sale price for the house of £520,000 on 24 Mar 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £520,000 | 24 Mar 2021 |
| 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 March 2021 the House Price Index for COUNTY DURHAM was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £520,000 results in an estimated price of approximately £578,816.
| 24 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £520,000 | £58,816 | £578,816 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -46.797 % | £-243,346 | £276,653 |
| 3 Month Average | -27.663 % | £-143,846 | £376,153 |
| 6 Month Average | -6.865 % | £-35,697 | £484,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £126,000 | £126,000 | 13 BEECH CLOSE |
| 9 Nov 2022 | £160,061 | £162,000 | 2 ROWAN DRIVE |
| 4 Aug 2022 | £139,624 | £140,000 | 8 ROWAN DRIVE |
| 1 Jun 2022 | £83,683 | £82,500 | 6 BEECH CLOSE |
| 29 Apr 2022 | £669,369 | £650,000 | UNIT 10 SUNFLAG PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Awaiting court outcome | On or near Prison |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Prison |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prison |
| Apr 2024 | Other crime | Under investigation | On or near Prison |
| Apr 2024 | Other crime | Under investigation | On or near Prison |