£225,100
This estimated value is based upon the latest sale price for the house of £157,500 on 7 Sep 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £157,500 | 7 Sep 2015 |
| £165,000 | 4 Sep 2015 |
| £59,950 | 5 Mar 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 145 sq meters or 1,560 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 September 2015 the House Price Index for DURHAM was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £157,500 results in an estimated price of approximately £225,100.
| 7 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £157,500 | £67,600 | £225,100 |
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 | -35.033 % | £-55,176 | £102,323 |
| 3 Month Average | 2.711 % | £4,269 | £161,769 |
| 6 Month Average | -0.621 % | £-977 | £156,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £115,000 | £115,000 | 135 BRIAR LEA |
| 20 Nov 2023 | £282,162 | £275,000 | 6 BEAR PARK CLOSE |
| 25 Oct 2023 | £148,370 | £145,000 | 105 WHITWORTH PARK DRIVE |
| 22 Aug 2023 | £160,393 | £157,500 | 80 BRIAR LEA |
| 21 Apr 2023 | £137,573 | £135,000 | 81 BRIAR LEA |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 20 Apr 2015. Using an estimated price of £225,100 means this house is valued at £1,552 per sq meter (£144 per sq foot).
The average size of a house on BRIAR LEA is 85 sq meters (917 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Tudhoe Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Tudhoe Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tudhoe Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitworth Park Drive |
| Jun 2024 | Anti-social behaviour | On or near Whitworth Park Drive |