£198,318
This estimated value is based upon the latest sale price for the house of £130,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 15 Aug 2014 |
| £52,500 | 23 Jun 1995 |
| Semi-Detached |
| 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 August 2014 the House Price Index for DURHAM was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £130,000 results in an estimated price of approximately £198,318.
| 15 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £130,000 | £68,318 | £198,318 |
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 | 7.655 % | £9,951 | £139,951 |
| 3 Month Average | 27.895 % | £36,264 | £166,264 |
| 6 Month Average | 10.952 % | £14,237 | £144,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £136,183 | £135,000 | 7 LUTTRYNGTON COURT |
| 8 Dec 2023 | £132,058 | £128,000 | 30 LASCELLES AVENUE |
| 30 Jun 2023 | £160,211 | £157,000 | 55 CHESTNUT WAY |
| 3 Mar 2023 | £259,331 | £255,000 | 6 WYNYARD COURT |
| 20 Jan 2023 | £128,343 | £128,000 | 26 LASCELLES AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Aug 2013. Using an estimated price of £198,319 means this house is valued at £2,360 per sq meter (£219 per sq foot).
The average size of a house on RUSSELL COURT is 131 sq meters (1,412 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Middridge Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Middridge Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middridge Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Claxton Court |
| Jun 2024 | Anti-social behaviour | On or near Claxton Court |