£110,482
This estimated value is based upon the latest sale price for the house of £90,000 on 20 Apr 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £90,000 | 20 Apr 2020 |
| £100,000 | 28 Feb 2020 |
| £97,000 | 16 Apr 2014 |
| £88,500 | 27 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 April 2020 the House Price Index for DURHAM was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £90,000 results in an estimated price of approximately £110,482.
| 20 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £90,000 | £20,482 | £110,482 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 36.176 % | £32,558 | £122,558 |
| 3 Month Average | 2.936 % | £2,641 | £92,641 |
| 6 Month Average | -31.352 % | £-28,217 | £61,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £91,603 | £90,000 | 30 BOWES ROAD |
| 30 Nov 2023 | £81,202 | £80,000 | 32 BOWES ROAD |
| 17 Nov 2023 | £81,202 | £80,000 | 6 FINCHALE ROAD |
| 29 Aug 2023 | £116,015 | £115,000 | 10 LEE GREEN |
| 11 Jul 2023 | £50,682 | £50,000 | 23 EMERSON WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Feb 2014. Using an estimated price of £110,482 means this house is valued at £1,315 per sq meter (£122 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Walker Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopper Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopper Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Emerson Way |
| Feb 2024 | Vehicle crime | Under investigation | On or near Emerson Way |