£152,103
This estimated value is based upon the latest sale price for the house of £117,500 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £117,500 | 9 Dec 2016 |
| £55,500 | 25 Feb 2002 |
| £57,000 | 23 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,405 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 December 2016 the House Price Index for DURHAM was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £117,500 results in an estimated price of approximately £152,103.
| 9 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £117,500 | £34,603 | £152,103 |
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 | 105.059 % | £123,444 | £240,944 |
| 3 Month Average | 10.319 % | £12,124 | £129,624 |
| 6 Month Average | 19.915 % | £23,400 | £140,900 |
This house has a floor area of 130 sq meters or 1,405 sq feet when measured on 25 Aug 2009.
The average size of a house on DURHAM ROAD is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Durham Road |
| Dec 2023 | Burglary | Formal action is not in the public interest | On or near The Close |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Lumley Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near South Terrace |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near South Terrace |