£113,105
This estimated value is based upon the latest sale price for the house of £62,500 on 19 Aug 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £62,500 | 19 Aug 2005 |
| £23,000 | 23 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 August 2005 the House Price Index for DURHAM was 81.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 80.969%.Applying this 80.969% change to the original purchase price of £62,500 results in an estimated price of approximately £113,105.
| 19 Aug 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 146.7 | 80.969 % | £62,500 | £50,605 | £113,105 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 9.227 % | £5,766 | £68,266 |
| 3 Month Average | 16.451 % | £10,281 | £72,781 |
| 6 Month Average | 8.495 % | £5,309 | £67,809 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 25 Jul 2012.
The average size of a house on LILAC GARDENS is 103 sq meters (1,115 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Lilac Gardens |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Laurel Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Laurel Gardens |
| Jan 2024 | Public order | Under investigation | On or near Laurel Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Laurel Gardens |