£171,821
This estimated value is based upon the latest sale price for the house of £93,000 on 25 Feb 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Station Lane
More crime details
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| Price Paid | Date |
|---|---|
| £93,000 | 25 Feb 2005 |
| £90,000 | 26 Nov 2004 |
| £37,000 | 28 Jul 2000 |
| Terraced |
| Freehold |
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 February 2005 the House Price Index for DURHAM was 79.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 84.755%.Applying this 84.755% change to the original purchase price of £93,000 results in an estimated price of approximately £171,821.
| 25 Feb 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 146.7 | 84.755 % | £93,000 | £78,821 | £171,821 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 14.212 % | £13,216 | £106,216 |
| 3 Month Average | 31.782 % | £29,557 | £122,557 |
| 6 Month Average | 19.993 % | £18,593 | £111,593 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Station Lane |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Station Lane |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Front Street |
| Jan 2024 | Anti-social behaviour | On or near Front Street | |
| Jan 2024 | Anti-social behaviour | On or near Front Street |