£162,608
This estimated value is based upon the latest sale price for the house of £32,000 on 18 Jul 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Redford Lane
More crime details
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| Price Paid | Date |
|---|---|
| £32,000 | 18 Jul 1997 |
| Detached |
| Freehold |
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 July 1997 the House Price Index for DURHAM was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £32,000 results in an estimated price of approximately £162,608.
| 18 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £32,000 | £130,608 | £162,608 |
The Postcode Pricing Model uses changes in average sales price within the DL13 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 | 627.187 % | £200,699 | £232,699 |
| 3 Month Average | 412.018 % | £131,845 | £163,845 |
| 6 Month Average | 303.741 % | £97,197 | £129,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £231,683 | £229,500 | LYDGATE COTTAGE |
| 21 Oct 2022 | £128,615 | £130,000 | 2 ROSLYN TERRACE |
| 19 Oct 2022 | £460,540 | £465,499 | LAUREL MOUNT |
| 7 Oct 2022 | £183,029 | £185,000 | 2 SAUNDERS VILLAS |
| 11 Aug 2022 | £448,792 | £450,000 | SHULL LODGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Redford Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Redford Lane |
| Feb 2024 | Anti-social behaviour | On or near Redford Lane | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Redford Lane |
| Feb 2024 | Anti-social behaviour | On or near Redford Lane |