£582,525
This estimated value is based upon the latest sale price for the house of £450,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£450,000 | 16 Dec 2016 |
£850,000 | 31 May 2007 |
£230,000 | 1 Oct 1999 |
Detached |
Freehold |
Floor Area: 650 sq meters or 6,996 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 December 2016 the House Price Index for DURHAM was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £450,000 results in an estimated price of approximately £582,525.
16 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 146.7 | 29.450 % | £450,000 | £132,525 | £582,525 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | -32.845 % | £-147,804 | £302,195 |
3 Month Average | -6.638 % | £-29,870 | £420,129 |
6 Month Average | -1.572 % | £-7,074 | £442,925 |
This house has a floor area of 650 sq meters or 6,996 sq feet when measured on 30 Mar 2021.
The average size of a house on NORTH LODGE is 315 sq meters (3,400 sq feet).
This house is the largest in the street with a floor area of 650 sq meters (6,996 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lombard Drive |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Queensmere |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sinclair Drive |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sinclair Drive |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sinclair Drive |