£197,432
This estimated value is based upon the latest sale price for the house of £163,500 on 26 May 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £163,500 | 26 May 2020 |
| £84,000 | 30 Nov 2001 |
| £61,500 | 1 Jul 1997 |
| Detached |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 May 2020 the House Price Index for DURHAM was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.754%.Applying this 20.754% change to the original purchase price of £163,500 results in an estimated price of approximately £197,432.
| 26 May 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.754 % | £163,500 | £33,932 | £197,432 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 40.966 % | £66,979 | £230,479 |
| 3 Month Average | 33.740 % | £55,165 | £218,665 |
| 6 Month Average | 23.882 % | £39,047 | £202,547 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Jan 2015.
The average size of a house on LILBURN CLOSE is 79 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Aberwick Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beadnell Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fleetham Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norton Close |