£109,000
This estimated value is based upon the latest sale price for the house of £65,120 on 7 Mar 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£65,120 | 7 Mar 2013 |
£24,500 | 14 Feb 1997 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 March 2013 the House Price Index for COUNTY DURHAM was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £65,120 results in an estimated price of approximately £109,000.
7 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.384 % | £65,120 | £43,880 | £109,000 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -18.622 % | £-12,126 | £52,993 |
3 Month Average | -15.726 % | £-10,241 | £54,878 |
6 Month Average | -10.536 % | £-6,861 | £58,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £52,459 | £52,000 | 4 MORRIS SQUARE |
7 Jul 2023 | £79,571 | £78,500 | 29 LABURNUM CRESCENT |
22 Jun 2023 | £87,053 | £85,999 | 33 NORTH CRESCENT |
6 Jun 2023 | £50,613 | £50,000 | 24 NORTH CRESCENT |
10 Feb 2023 | £89,939 | £90,000 | 14 MILTON LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 25 Mar 2015. Using an estimated price of £109,001 means this house is valued at £1,159 per sq meter (£107 per sq foot).
The average size of a house on LABURNUM CRESCENT is 90 sq meters (975 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Lauren Court | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lauren Court |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lauren Court |
Mar 2024 | Anti-social behaviour | On or near Jupiter Court | |
Jan 2024 | Anti-social behaviour | On or near Jupiter Court |