£236,574
This estimated value is based upon the latest sale price for the house of £41,950 on 6 Jun 1996. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £41,950 | 6 Jun 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 67 sq meters or 731 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 June 1996 the House Price Index for DURHAM was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £41,950 results in an estimated price of approximately £236,574.
| 6 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £41,950 | £194,624 | £236,574 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 83.703 % | £35,113 | £77,063 |
| 3 Month Average | 168.000 % | £70,475 | £112,425 |
| 6 Month Average | 202.846 % | £85,093 | £127,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £152,692 | £148,000 | 10 BOURN LEA |
| 23 Jun 2023 | £104,086 | £102,000 | 100 HUNTER STREET |
| 27 Mar 2023 | £142,378 | £140,000 | 8 BOURN LEA |
| 20 Jan 2023 | £127,997 | £127,655 | 75 ROSS LEA |
| 11 Mar 2022 | £143,541 | £137,500 | 23 ROSS LEA |
This house has a floor area of 67 sq meters or 731 sq feet when measured on 30 Mar 2009. Using an estimated price of £236,574 means this house is valued at £3,483 per sq meter (£323 per sq foot).
The average size of a house on ROSS LEA is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bourn Lea |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Foundry Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Foundry Close |
| Jul 2024 | Anti-social behaviour | On or near Larkfield Crescent | |
| May 2024 | Anti-social behaviour | On or near Larkfield Crescent |