£152,363
This estimated value is based upon the latest sale price for the house of £98,000 on 12 Oct 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £98,000 | 12 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2007 the House Price Index for DURHAM was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £98,000 results in an estimated price of approximately £152,363.
| 12 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £98,000 | £54,363 | £152,363 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -34.628 % | £-33,935 | £64,064 |
| 3 Month Average | -29.391 % | £-28,803 | £69,196 |
| 6 Month Average | -21.492 % | £-21,062 | £76,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £106,360 | £105,000 | 2 YORK ROAD |
| 18 Aug 2023 | £60,530 | £60,000 | 100 ACRE RIGG ROAD |
| 17 Mar 2023 | £72,180 | £71,500 | 49 LAYBURN PLACE |
| 24 Feb 2023 | £63,807 | £63,850 | 1 LAYBURN PLACE |
| 21 Oct 2022 | £84,094 | £84,999 | 31 MORTON SQUARE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 6 Nov 2014. Using an estimated price of £152,364 means this house is valued at £1,771 per sq meter (£164 per sq foot).
The average size of a house on LAYBURN PLACE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Layburn Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Layburn Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Layburn Place |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Layburn Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Layburn Place |