£622,806
This estimated value is based upon the latest sale price for the house of £450,000 on 31 Dec 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £450,000 | 31 Dec 2015 |
| 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 December 2015 the House Price Index for COUNTY DURHAM was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £450,000 results in an estimated price of approximately £622,806.
| 31 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £450,000 | £172,806 | £622,806 |
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 | 11.181 % | £50,315 | £500,315 |
| 3 Month Average | 18.035 % | £81,159 | £531,159 |
| 6 Month Average | 21.228 % | £95,524 | £545,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £188,295 | £185,000 | 1 LIMECRAG AVENUE |
| 10 Nov 2023 | £93,890 | £92,500 | 84 MOOR CRESCENT |
| 31 Aug 2023 | £159,394 | £158,000 | 43 ASHDOWN AVENUE |
| 27 Jan 2023 | £199,062 | £200,000 | 12 LIMECRAG AVENUE |
| 28 Sep 2022 | £1,339,186 | £1,350,000 | UMI NAVIGATORS POINT BELMONT BUSINESS PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Conference/Exhibition Centre |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Conference/Exhibition Centre |
| Mar 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Yewbank Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmfield Avenue |