£151,784
This estimated value is based upon the latest sale price for the house of £120,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £120,000 | 2 Jun 2017 |
| £59,250 | 26 May 2000 |
| £55,000 | 24 Aug 1998 |
| £49,950 | 30 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 June 2017 the House Price Index for DURHAM was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £120,000 results in an estimated price of approximately £151,784.
| 2 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 146.7 | 26.487 % | £120,000 | £31,784 | £151,784 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 4.182 % | £5,018 | £125,018 |
| 3 Month Average | 21.338 % | £25,606 | £145,606 |
| 6 Month Average | 33.875 % | £40,650 | £160,650 |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 24 Jun 2014.
The average size of a house on FOUNDRY FIELDS is 132 sq meters (1,421 sq feet).
This house is the largest in the street with a floor area of 140 sq meters (1,506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue Close |
| Feb 2024 | Public order | Under investigation | On or near Lishman Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lishman Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lishman Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lishman Avenue |