£422,948
This estimated value is based upon the latest sale price for the house of £249,500 on 24 Feb 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £249,500 | 24 Feb 2011 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,244 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 February 2011 the House Price Index for COUNTY DURHAM was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.519%.Applying this 69.519% change to the original purchase price of £249,500 results in an estimated price of approximately £422,948.
| 24 Feb 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.519 % | £249,500 | £173,448 | £422,948 |
The Postcode Pricing Model uses changes in average sales price within the DL12 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 | 57.361 % | £143,114 | £392,614 |
| 3 Month Average | 32.462 % | £80,992 | £330,492 |
| 6 Month Average | 41.530 % | £103,617 | £353,117 |
This house has a floor area of 115 sq meters or 1,244 sq feet when measured on 8 Jun 2010.
The average size of a house on THE LENDINGS is 163 sq meters (1,762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Old School Close |
| Feb 2024 | Anti-social behaviour | On or near Priory Yard | |
| Feb 2024 | Anti-social behaviour | On or near Priory Yard |