£354,657
This estimated value is based upon the latest sale price for the house of £285,000 on 8 Feb 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £285,000 | 8 Feb 2019 |
| 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 February 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £285,000 results in an estimated price of approximately £354,657.
| 8 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £285,000 | £69,657 | £354,657 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | -45.353 % | £-129,256 | £155,743 |
| 3 Month Average | 4.197 % | £11,960 | £296,960 |
| 6 Month Average | 0.784 % | £2,233 | £287,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £66,000 | £66,000 | 2 BAMBURGH ROAD |
| 10 Nov 2023 | £174,428 | £170,000 | 10 PINE ROAD |
| 27 Oct 2023 | £127,905 | £125,000 | 18 WITTON ROAD |
| 27 Oct 2023 | £169,858 | £166,000 | 58 WOOD LANE |
| 9 Jun 2023 | £114,801 | £112,500 | 49 WITTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Bridge Street |
| Jul 2024 | Vehicle crime | Under investigation | On or near Bridge Street |
| Jun 2024 | Anti-social behaviour | On or near Bridge Street | |
| Jun 2024 | Anti-social behaviour | On or near Bridge Street | |
| Jun 2024 | Anti-social behaviour | On or near West Street |