£156,211
This estimated value is based upon the latest sale price for the house of £95,000 on 14 Jun 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £95,000 | 14 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 June 2013 the House Price Index for COUNTY DURHAM was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £95,000 results in an estimated price of approximately £156,211.
| 14 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £95,000 | £61,211 | £156,211 |
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 | 34.477 % | £32,752 | £127,752 |
| 3 Month Average | 41.081 % | £39,026 | £134,026 |
| 6 Month Average | 38.237 % | £36,325 | £131,325 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Jul 2012.
The average size of a house on LILAC AVENUE is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lilac Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flambard Road |
| Feb 2024 | Drugs | Under investigation | On or near Finchale Road |