£1,094,167
This estimated value is based upon the latest sale price for the house of £690,000 on 20 Apr 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £690,000 | 20 Apr 2007 |
| Detached |
| Freehold |
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 April 2007 the House Price Index for DURHAM was 92.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.575%.Applying this 58.575% change to the original purchase price of £690,000 results in an estimated price of approximately £1,094,167.
| 20 Apr 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 146.7 | 58.575 % | £690,000 | £404,167 | £1,094,167 |
The Postcode Pricing Model uses changes in average sales price within the TS29 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 | -61.520 % | £-424,490 | £265,509 |
| 3 Month Average | -30.074 % | £-207,512 | £482,487 |
| 6 Month Average | -4.830 % | £-33,329 | £656,670 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hurworth Burn Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hurworth Burn Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Horse Close Lane |
| Jan 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Horse Close Lane |
| Jan 2024 | Drugs | Under investigation | On or near Horse Close Lane |