£46,268
This estimated value is based upon the latest sale price for the house of £38,000 on 22 Jul 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £38,000 | 22 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 sq feet |
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 2019 the House Price Index for COUNTY DURHAM was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.760%.Applying this 21.760% change to the original purchase price of £38,000 results in an estimated price of approximately £46,268.
| 22 Jul 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.760 % | £38,000 | £8,268 | £46,268 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -6.032 % | £-2,292 | £35,707 |
| 3 Month Average | 3.070 % | £1,166 | £39,166 |
| 6 Month Average | 10.102 % | £3,838 | £41,838 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 12 Dec 2018.
The average size of a house on LOWTHER CLOSE is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Lowther Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowther Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hawes Road |
| Feb 2024 | Burglary | Under investigation | On or near Hawes Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hawes Road |