£393,420
This estimated value is based upon the latest sale price for the house of £299,999 on 27 Sep 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £299,999 | 27 Sep 2016 |
| £200,000 | 4 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 152 sq meters or 1,636 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in September 2016 the House Price Index for DURHAM was 111.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.141%.Applying this 31.141% change to the original purchase price of £299,999 results in an estimated price of approximately £393,420.
| 27 Sep 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 146.7 | 31.141 % | £299,999 | £93,421 | £393,420 |
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 | 24.175 % | £72,525 | £372,524 |
| 3 Month Average | 13.692 % | £41,076 | £341,075 |
| 6 Month Average | 13.858 % | £41,575 | £341,574 |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 4 Jul 2018.
There is one other house on the street which we know the size of, this is 4 SOUTHEND SOUTH ROAD it is 181.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Millhill Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |