£78,977
This estimated value is based upon the latest sale price for the house of £80,000 on 13 Feb 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 13 Feb 2023 |
| £32,000 | 16 Dec 2002 |
| Freehold |
| Floor Area: 78 sq meters or 839 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 February 2023 the House Price Index for DURHAM was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £80,000 results in an estimated price of approximately £78,977.
| 13 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £80,000 | £-1,022 | £78,977 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -38.204 % | £-30,563 | £49,436 |
| 3 Month Average | -19.869 % | £-15,895 | £64,104 |
| 6 Month Average | -11.386 % | £-9,108 | £70,891 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Jul 2020.
The average size of a house on LUMSDEN TERRACE is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Taylor Street |
| Feb 2024 | Drugs | Further action is not in the public interest | On or near Taylor Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swan Street |
| Feb 2024 | Anti-social behaviour | On or near Swan Street | |
| Feb 2024 | Anti-social behaviour | On or near Swan Street |