£287,279
This estimated value is based upon the latest sale price for the house of £165,000 on 11 Dec 2009. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Pit Lane
More crime details
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| Price Paid | Date |
|---|---|
| £165,000 | 11 Dec 2009 |
| Semi-Detached |
| Freehold |
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 December 2009 the House Price Index for COUNTY DURHAM was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £165,000 results in an estimated price of approximately £287,279.
| 11 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £165,000 | £122,279 | £287,279 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 25.844 % | £42,643 | £207,643 |
| 3 Month Average | 18.843 % | £31,090 | £196,090 |
| 6 Month Average | 20.850 % | £34,402 | £199,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £288,101 | £283,675 | 8 HUTTON WAY |
| 13 Oct 2023 | £112,556 | £110,000 | 21 HUTTON WAY |
| 13 Oct 2023 | £112,556 | £110,000 | 22 HUTTON WAY |
| 29 Sep 2023 | £245,410 | £240,000 | 110 HARVEY AVENUE |
| 28 Apr 2023 | £254,714 | £249,950 | 116 HARVEY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Pit Lane |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pit Lane |
| Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near Pit Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pit Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pit Lane |