£159,644
This estimated value is based upon the latest sale price for the house of £130,000 on 25 Jun 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 25 Jun 2018 |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2018 the House Price Index for COUNTY DURHAM was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £130,000 results in an estimated price of approximately £159,644.
| 25 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £130,000 | £29,644 | £159,644 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 10.791 % | £14,028 | £144,028 |
| 3 Month Average | 21.158 % | £27,505 | £157,505 |
| 6 Month Average | 16.961 % | £22,049 | £152,049 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 5 May 2018.
The average size of a house on SHERBURN ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Lantern Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lantern Court |
| Feb 2024 | Anti-social behaviour | On or near Lantern Court | |
| Feb 2024 | Anti-social behaviour | On or near Lantern Court | |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Lantern Court |