£97,608
This estimated value is based upon the latest sale price for the house of £75,000 on 19 Jan 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £75,000 | 19 Jan 2017 |
| £58,000 | 30 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2017 the House Price Index for COUNTY DURHAM was 113.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.145%.Applying this 30.145% change to the original purchase price of £75,000 results in an estimated price of approximately £97,608.
| 19 Jan 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.0 | 30.145 % | £75,000 | £22,608 | £97,608 |
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 | -36.753 % | £-27,564 | £47,435 |
| 3 Month Average | 6.523 % | £4,892 | £79,892 |
| 6 Month Average | -4.303 % | £-3,227 | £71,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £150,508 | £150,000 | 2 BURDON CRESCENT |
| 2 Sep 2022 | £81,014 | £81,999 | 2 GRANBY TERRACE |
| 3 Aug 2022 | £79,463 | £80,000 | 22 SALTERS LANE |
| 19 May 2022 | £91,358 | £90,000 | 11 SALTERS LANE |
| 23 Mar 2022 | £89,275 | £86,500 | 21 SALTERS LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Nov 2014. Using an estimated price of £97,609 means this house is valued at £1,176 per sq meter (£109 per sq foot).
The average size of a house on SALTERS LANE is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Apr 2024 | Shoplifting | Awaiting court outcome | 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 |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |