£70,743
This estimated value is based upon the latest sale price for the house of £58,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£58,000 | 31 Jan 2020 |
£58,000 | 4 Feb 2011 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 January 2020 the House Price Index for COUNTY DURHAM was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £58,000 results in an estimated price of approximately £70,743.
31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £58,000 | £12,743 | £70,743 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 54.602 % | £31,669 | £89,669 |
3 Month Average | -48.568 % | £-28,169 | £29,830 |
6 Month Average | -30.089 % | £-17,451 | £40,548 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £85,088 | £84,000 | 59 ESKDALE PLACE |
26 Jul 2023 | £55,750 | £55,000 | 73 ESKDALE PLACE |
28 Jun 2023 | £60,736 | £60,000 | 180 LINDEN PLACE |
28 Jun 2023 | £65,797 | £65,000 | 81 LANGDALE PLACE |
21 Apr 2023 | £70,762 | £70,000 | 166 LINDEN PLACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 10 Mar 2010. Using an estimated price of £70,743 means this house is valued at £803 per sq meter (£74 per sq foot).
The average size of a house on LINDEN PLACE is 93 sq meters (1,008 sq feet).