£267,760
This estimated value is based upon the latest sale price for the house of £154,500 on 20 Jun 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £154,500 | 20 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,335 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 2011 the House Price Index for COUNTY DURHAM was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £154,500 results in an estimated price of approximately £267,760.
| 20 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £154,500 | £113,260 | £267,760 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 40.264 % | £62,208 | £216,708 |
| 3 Month Average | 12.038 % | £18,599 | £173,099 |
| 6 Month Average | 13.257 % | £20,482 | £174,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £131,633 | £129,950 | 41 EDEN ROAD |
| 8 Aug 2023 | £78,688 | £78,000 | 12 ARROWSMITH SQUARE |
| 16 Jun 2023 | £141,717 | £140,000 | 33 EDEN ROAD |
| 7 Feb 2023 | £104,929 | £105,000 | 43 ST AIDANS WALK |
| 8 Jul 2022 | £120,324 | £120,000 | 5 VANE ROAD |
This house has a floor area of 124 sq meters or 1,335 sq feet when measured on 2 Nov 2010. Using an estimated price of £267,760 means this house is valued at £2,157 per sq meter (£200 per sq foot).
The average size of a house on VANE ROAD is 136 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eden Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eden Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bulmer Close |
| Mar 2024 | Anti-social behaviour | On or near Wycliffe Close | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Porter Close |