£63,384
This estimated value is based upon the latest sale price for the house of £43,000 on 11 Mar 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £43,000 | 11 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 March 2015 the House Price Index for COUNTY DURHAM was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £43,000 results in an estimated price of approximately £63,384.
| 11 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £43,000 | £20,384 | £63,384 |
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 | -10.321 % | £-4,437 | £38,562 |
| 3 Month Average | 12.812 % | £5,509 | £48,509 |
| 6 Month Average | 18.879 % | £8,117 | £51,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £72,000 | £72,000 | 58 AVON ROAD |
| 20 Dec 2023 | £96,641 | £94,950 | 88 HOLLYHILL GARDENS WEST |
| 29 Sep 2023 | £63,816 | £63,000 | 74 HOLLYHILL GARDENS WEST |
| 21 Apr 2023 | £25,272 | £25,000 | 31 AVON ROAD |
| 31 Mar 2023 | £85,808 | £85,000 | 18 LENIN TERRACE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Jul 2014. Using an estimated price of £63,385 means this house is valued at £975 per sq meter (£90 per sq foot).
The average size of a house on LENIN TERRACE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Holly Hill Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Holly Hill Gardens | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holly Hill Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holly Hill Gardens |
| Feb 2024 | Anti-social behaviour | On or near Holly Hill Gardens |