£140,508
This estimated value is based upon the latest sale price for the house of £79,500 on 27 Jan 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £79,500 | 27 Jan 2006 |
| £43,000 | 22 Jun 2004 |
| £25,900 | 27 Mar 1998 |
| £26,950 | 29 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 34 sq meters or 375 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 January 2006 the House Price Index for DURHAM was 83.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 76.741%.Applying this 76.741% change to the original purchase price of £79,500 results in an estimated price of approximately £140,508.
| 27 Jan 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 146.7 | 76.741 % | £79,500 | £61,008 | £140,508 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 20.176 % | £16,039 | £95,539 |
| 3 Month Average | 9.816 % | £7,803 | £87,303 |
| 6 Month Average | 23.281 % | £18,508 | £98,008 |
This house has a floor area of 34 sq meters or 375 sq feet when measured on 3 Aug 2010.
The average size of a house on WOOD LANE is 89 sq meters (962 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (375 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Aidans Walk |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raby Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Raby Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brancepeth Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brancepeth Road |