£228,872
This estimated value is based upon the latest sale price for the house of £185,000 on 7 Mar 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £185,000 | 7 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2018 the House Price Index for COUNTY DURHAM was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £185,000 results in an estimated price of approximately £228,872.
| 7 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 146.7 | 23.715 % | £185,000 | £43,872 | £228,872 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | 10.970 % | £20,294 | £205,294 |
| 3 Month Average | 1.045 % | £1,932 | £186,932 |
| 6 Month Average | -4.220 % | £-7,807 | £177,192 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Dec 2017.
The average size of a house on LAMBTON DRIVE is 97 sq meters (1,048 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Awaiting court outcome | On or near Lambton Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brough Grove |
| Feb 2024 | Public order | Action to be taken by another organisation | On or near Brough Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brough Grove |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brough Grove |