£86,451
This estimated value is based upon the latest sale price for the house of £68,000 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £68,000 | 27 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2017 the House Price Index for COUNTY DURHAM was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £68,000 results in an estimated price of approximately £86,451.
| 27 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £68,000 | £18,451 | £86,451 |
The Postcode Pricing Model uses changes in average sales price within the TS28 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 | 94.700 % | £64,396 | £132,396 |
| 3 Month Average | 4.724 % | £3,212 | £71,212 |
| 6 Month Average | 20.381 % | £13,859 | £81,859 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £175,500 | £175,500 | 11 WHINGROVE CLOSE |
| 1 May 2024 | £60,000 | £60,000 | 10 GRANBY TERRACE |
| 11 Mar 2024 | £152,341 | £150,000 | 2 BURDON CRESCENT |
| 4 Sep 2023 | £51,127 | £50,000 | 23 WALTON TERRACE |
| 29 Jun 2023 | £81,636 | £80,000 | 32 CORONATION ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Sep 2017. Using an estimated price of £86,451 means this house is valued at £1,235 per sq meter (£114 per sq foot).
The average size of a house on SALTERS LANE is 99 sq meters (1,072 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dodds Terrace |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Apr 2024 | Shoplifting | Further investigation is not in the public interest | On or near Supermarket |