£42,799
This estimated value is based upon the latest sale price for the house of £43,000 on 10 Nov 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £43,000 | 10 Nov 2022 |
| £31,000 | 16 Jun 2022 |
| £51,000 | 18 Jan 2013 |
| £28,000 | 24 Jan 2003 |
| £18,000 | 30 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 689 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 November 2022 the House Price Index for COUNTY DURHAM was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £43,000 results in an estimated price of approximately £42,799.
| 10 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £43,000 | £-200 | £42,799 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -24.697 % | £-10,619 | £32,380 |
| 3 Month Average | -28.823 % | £-12,393 | £30,606 |
| 6 Month Average | -29.611 % | £-12,732 | £30,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £50,000 | £50,000 | 8 OSBORNE STREET |
| 26 Apr 2024 | £56,491 | £56,000 | 5 OSBORNE STREET |
| 4 Mar 2024 | £67,030 | £66,000 | 107 BYERLEY ROAD |
| 21 Dec 2023 | £660,289 | £640,000 | THE GREY HORSE, 2 BYERLEY ROAD |
| 1 Dec 2023 | £51,585 | £50,000 | 29 LAMBTON STREET |
This house has a floor area of 64 sq meters or 689 sq feet when measured on 12 Nov 2010. Using an estimated price of £42,800 means this house is valued at £668 per sq meter (£62 per sq foot).
The average size of a house on LAMBTON STREET is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Lambton Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambton Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pearl Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pearl Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pearl Street |