2 THE SQUARE

£114,227

Full Address

2 THE SQUARE
LANCHESTER
DURHAM
COUNTY DURHAM
UNITED KINGDOM
DH7 0ET

Estimated Market Value

£114,227

This estimated value is based upon the latest sale price for the house of £67,500 on 2 Nov 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1

There has been one burglary within the last year on or near Parking Area

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Map

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Transactions for this house
Price PaidDate
£67,5002 Nov 2012
£42,50028 Feb 2007
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 November 2012 the House Price Index for COUNTY DURHAM was 87.8.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.

Applying this 69.226% change to the original purchase price of £67,500 results in an estimated price of approximately £114,227.

2 Nov 2012 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
87.8 148.6 69.226 % £67,500 £46,727 £114,227

The Postcode Pricing Model uses changes in average sales price within the DH7 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 25.396 % £17,142 £84,642
3 Month Average 3.607 % £2,435 £69,935
6 Month Average 10.977 % £7,409 £74,909
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
13 Dec 2023 £122,137 £120,000 1 THE GARTHS
30 Nov 2023 £126,878 £125,000 25A FRONT STREET
31 Aug 2023 £458,007 £454,000 15 LEE HILL COURT
27 Apr 2023 £555,986 £550,000 LANCHESTER CARPETS CHURCH VIEW
10 Feb 2023 £139,906 £140,000 4 PERCY CRESCENT

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Mar 2024 Shoplifting Investigation complete; no suspect identified On or near Parking Area
Dec 2023 Burglary Investigation complete; no suspect identified On or near Parking Area
Feb 2024 Violence and sexual offences Under investigation On or near Station Road
Dec 2023 Public order Unable to prosecute suspect On or near Woodlea
Jan 2024 Violence and sexual offences Unable to prosecute suspect On or near Front Street

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Companies Near Here
RAVELLO LIMITED
9 Church View Lanchester Durham United Kingdom DH7 0ES
D H FITNESS LTD.
10 THE GARTHS LANCHESTER DURHAM DH7 0HR
TARZAN BARS LIMITED
1A STATION ROAD LANCHESTER DURHAM COUNTY DURHAM ENGLAND DH7 0EX
DURHAM GENOME CENTRE LTD
The Durham Genome Centre, Park House Station Road Lanchester Durham Co. Durham DH7 0EX
LYNWOOD CARE CENTRE COMMUNITY INTEREST COMPANY
PARK HOUSE STATION ROAD LANCHESTER COUNTY DURHAM DH7 0EX

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People Near Here
Peter Jackson
Stonebeck House Front Street, Lanchester, DH7 0ER
Cheng Chen Historic Information
12 Front Street, DH7 0ER
CHENG CHEN Historic Information RESTAURATEUR
12 FRONT STREET, LANCHESTER, DH7 0ER
MR Peter JACKSON Environmental Consultant
Stonebeck Front Street Lanchester, DH7 0ER
MS JULIE FORM Historic Information DIRECTOR
PARK HOUSE, STATION ROAD, DH7 0EX
MR PAUL JACKSON DIRECTOR
STONEBECK HOUSE FRONT STREET, LANCHESTER, DH7 0ER
Mr Michael Joseph Jackson
Stonebeck House Front Street, Lanchester, DH7 0ER
Miss Karen Raine Historic Information
Kiwi Physiotherapy Clinic 1 Front Street, Lanchester, DH7 0LA
Mrs Pauline Gill
27 Front Street Lanchester, DH7 0LA
Mr Brian Proud Historic Information
Kings Head Station Road, DH7 0EX
Mr Kevin Dent Historic Information
25 Front Street, Lanchester, DH7 0LA
Mr Keith Francis Gill
27 Front Street Lanchester, DH7 0LA
Mr John Hanley
14 Front Street, DH7 0ER
Mr Paul Crinnion Historic Information
23a Front Street, Lanchester, DH7 0LA
Mrs Nichola Jane Harris Historic Information
23a Front Street, Lanchester, DH7 0LA
MISS ALEXANDRIA WILSON Historic Information OWNER
25 FRONT STREET, DH7 0LA
MS MOIRA RUTHERFORD Historic Information JOURNALIST/TEACHER
7 FRONT STREET, LANCHESTER, DH7 0LA
Mr Gawin Ian Holmes Historic Information
11c Front Street, Lanchester, DH7 0LA
John Jackson
Stonebeck House Front Street, Lanchester, DH7 0ER
Mr Guang Chen
12 Front Street, Lanchester, DH7 0ER
Mr Adam Ross Brown Historic Information
6 Station Road, Lanchester, DH7 0EX
Mrs Michelle Proud Historic Information
Kings Head Station Road, DH7 0EX
LEIGH VALLANCE Historic Information CHARITY COMPANY
PARK HOUSE, STATION ROAD, LANCHESTER, DH7 0EX
Ms Alexandria Wilson
Apartment 1 Front Street, Lanchester, DH7 0LA
Complement Genomics Ltd
The Durham Genome Centre Station Road, Lanchester, DH7 0EX
Ms Louise Claire Allcroft
The Durham Genome Centre, Park House Station Road, Lanchester, DH7 0EX
MARILYN HOLMES ESTATES MANAGER
11C FRONT STREET, LANCHESTER, DH7 0LA
Dr Neil Fraser Sullivan
Durham Genome Station Road, Lanchester, DH7 0EX
MR KRISTO XHAFERRI CHEF ENTREPENEUR
9 CHURCH VIEW, LANCHESTER, DH7 0ES
Mrs Fiona Wilson Historic Information
25 Front Street, Lanchester, DH7 0LA
MISS Emily Kate MORRIS Director
2a Station Road, Lanchester, DH7 0EX
Mr Aidan Alexander Gordon Jackson
1a Station Road, Lanchester, DH7 0EX

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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