£10,900,298
This estimated value is based upon the latest sale price for the house of £8,550,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £8,550,000 | 28 Jul 2017 |
| 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 2017 the House Price Index for COUNTY DURHAM was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £8,550,000 results in an estimated price of approximately £10,900,298.
| 28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £8,550,000 | £2,350,298 | £10,900,298 |
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 | 4.656 % | £398,069 | £8,948,069 |
| 3 Month Average | 6.854 % | £586,046 | £9,136,046 |
| 6 Month Average | 18.019 % | £1,540,582 | £10,090,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £229,007 | £225,000 | 7 STRAUGHAN CRESCENT |
| 15 Sep 2023 | £258,303 | £255,000 | 18 LITTLE COURT |
| 4 Jul 2023 | £382,143 | £377,000 | 1 WOODWARD WAY |
| 24 Mar 2023 | £252,378 | £250,000 | 29 WOODWARD WAY |
| 20 Jan 2023 | £189,109 | £190,000 | 12 STRAUGHAN CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Police Station |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Police Station |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Police Station |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Little Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Court |