£399,639
This estimated value is based upon the latest sale price for the house of £260,000 on 13 Jun 2014. 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 Beacon Lane
More crime details
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| Price Paid | Date |
|---|---|
| £260,000 | 13 Jun 2014 |
| 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 June 2014 the House Price Index for COUNTY DURHAM was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £260,000 results in an estimated price of approximately £399,639.
| 13 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £260,000 | £139,639 | £399,639 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | -32.258 % | £-83,869 | £176,130 |
| 3 Month Average | -14.410 % | £-37,466 | £222,533 |
| 6 Month Average | 9.849 % | £25,606 | £285,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £253,187 | £249,950 | 3 BEACON AVENUE |
| 1 Sep 2023 | £197,526 | £195,000 | 9 BEACON AVENUE |
| 30 Aug 2023 | £181,589 | £180,000 | 16 BEAUMONT COURT |
| 25 Aug 2023 | £344,761 | £341,745 | 80 SADDLER DRIVE |
| 10 Mar 2023 | £353,324 | £349,995 | 82 SADDLER DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Beacon Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caden Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caden Court |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crispin Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crispin Court |