£87,575
This estimated value is based upon the latest sale price for the house of £78,500 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£78,500 | 27 Aug 2021 |
£66,000 | 7 Dec 2018 |
£17,500 | 15 Dec 2000 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 August 2021 the House Price Index for DURHAM was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £78,500 results in an estimated price of approximately £87,575.
27 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.6 | 11.562 % | £78,500 | £9,075 | £87,575 |
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 | 15.884 % | £12,468 | £90,968 |
3 Month Average | -8.592 % | £-6,745 | £71,754 |
6 Month Average | -8.931 % | £-7,011 | £71,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £71,052 | £70,000 | 1B LANGTONS TERRACE |
22 Sep 2023 | £266,406 | £263,000 | 7 ORCHID SQUARE |
24 Jul 2023 | £91,228 | £90,000 | 55 LAMBOURNE CLOSE |
30 Jun 2023 | £65,797 | £65,000 | 85 LAMBOURNE CLOSE |
21 Mar 2023 | £120,637 | £119,500 | 52 CALLINGTON CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 May 2018. Using an estimated price of £87,576 means this house is valued at £1,251 per sq meter (£116 per sq foot).
The average size of a house on LAMBOURNE CLOSE is 93 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Alwyn Close |
Apr 2024 | Anti-social behaviour | On or near Alwyn Close | |
Apr 2024 | Other crime | Under investigation | On or near Alwyn Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Alwyn Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Alwyn Close |