£270,014
This estimated value is based upon the latest sale price for the house of £185,000 on 20 May 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £185,000 | 20 May 2015 |
| Leasehold |
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 May 2015 the House Price Index for COUNTY DURHAM was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £185,000 results in an estimated price of approximately £270,014.
| 20 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £185,000 | £85,014 | £270,014 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -10.237 % | £-18,938 | £166,061 |
| 3 Month Average | 8.722 % | £16,134 | £201,134 |
| 6 Month Average | 15.444 % | £28,570 | £213,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £111,425 | £110,000 | 3 WEST STREET |
| 18 Aug 2023 | £119,546 | £118,500 | 25 NORTH LEIGH |
| 12 Jul 2023 | £45,614 | £45,000 | ROYAL PIZZA WEST STREET |
| 28 Jun 2023 | £77,438 | £76,500 | 7 LEITH GARDENS |
| 3 Feb 2023 | £92,937 | £93,000 | 7 NEW FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near North Leigh |
| Dec 2023 | Other crime | Formal action is not in the public interest | On or near North Leigh |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near North Leigh |