£106,196
This estimated value is based upon the latest sale price for the house of £24,000 on 26 Mar 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £24,000 | 26 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 811 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 1999 the House Price Index for DURHAM was 33.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 342.485%.Applying this 342.485% change to the original purchase price of £24,000 results in an estimated price of approximately £106,196.
| 26 Mar 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 146.7 | 342.485 % | £24,000 | £82,196 | £106,196 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 230.555 % | £55,333 | £79,333 |
| 3 Month Average | 109.552 % | £26,292 | £50,292 |
| 6 Month Average | 152.109 % | £36,506 | £60,506 |
This house has a floor area of 75 sq meters or 811 sq feet when measured on 27 Jan 2011.
The average size of a house on LOW GRANGE ROAD is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burn Terrace |
| Feb 2024 | Drugs | Formal action is not in the public interest | On or near Burn Terrace |
| Feb 2024 | Possession of weapons | Under investigation | On or near Burn Terrace |
| Jan 2024 | Burglary | Under investigation | On or near Brook Street |
| Dec 2023 | Anti-social behaviour | On or near Brook Street |