£108,822
This estimated value is based upon the latest sale price for the house of £65,000 on 30 Jun 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £65,000 | 30 Jun 2010 |
| £35,000 | 17 Apr 2003 |
| £22,500 | 25 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2010 the House Price Index for COUNTY DURHAM was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.419%.Applying this 67.419% change to the original purchase price of £65,000 results in an estimated price of approximately £108,822.
| 30 Jun 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.419 % | £65,000 | £43,822 | £108,822 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -47.478 % | £-30,860 | £34,139 |
| 3 Month Average | -15.016 % | £-9,760 | £55,239 |
| 6 Month Average | -5.534 % | £-3,596 | £61,403 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 10 Sep 2014.
The average size of a house on LENIN TERRACE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Awaiting court outcome | On or near Keir Hardie Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Keir Hardie Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keir Hardie Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holly Hill Gardens West |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Holly Hill Gardens West |