£117,112
This estimated value is based upon the latest sale price for the house of £115,000 on 29 Aug 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £115,000 | 29 Aug 2023 |
| £70,000 | 14 Dec 2010 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 987 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 August 2023 the House Price Index for COUNTY DURHAM was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £115,000 results in an estimated price of approximately £117,112.
| 29 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £115,000 | £2,112 | £117,112 |
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 | 1.703 % | £1,958 | £116,958 |
| 3 Month Average | 7.289 % | £8,382 | £123,382 |
| 6 Month Average | -6.049 % | £-6,956 | £108,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £116,794 | £115,000 | 2 WILSON WALK |
| 28 Mar 2024 | £91,404 | £90,000 | 18 EMERSON WAY |
| 17 Nov 2023 | £82,084 | £80,000 | 6 FINCHALE ROAD |
| 27 Oct 2023 | £168,835 | £165,000 | 51 BEWICK CRESCENT |
| 29 Aug 2023 | £117,112 | £115,000 | 10 LEE GREEN |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 12 May 2010. Using an estimated price of £117,112 means this house is valued at £1,277 per sq meter (£118 per sq foot).
The average size of a house on LEE GREEN is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lee Green |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lee Green |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lee Green |
| Apr 2024 | Anti-social behaviour | On or near Lee Green | |
| Apr 2024 | Anti-social behaviour | On or near Lee Green |