£289,453
This estimated value is based upon the latest sale price for the house of £157,500 on 18 Mar 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £157,500 | 18 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 March 2005 the House Price Index for DURHAM was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.780%.Applying this 83.780% change to the original purchase price of £157,500 results in an estimated price of approximately £289,453.
| 18 Mar 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.780 % | £157,500 | £131,953 | £289,453 |
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 | 56.528 % | £89,032 | £246,532 |
| 3 Month Average | 42.510 % | £66,953 | £224,453 |
| 6 Month Average | 29.649 % | £46,697 | £204,197 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 3 Jun 2013.
There is one other house on the street which we know the size of, this is 1 LAMBTON WALK it is 64.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |