£58,208
This estimated value is based upon the latest sale price for the house of £18,500 on 11 Jan 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£18,500 | 11 Jan 2002 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 January 2002 the House Price Index for DURHAM was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £18,500 results in an estimated price of approximately £58,208.
11 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 149.7 | 214.641 % | £18,500 | £39,708 | £58,208 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 111.634 % | £20,652 | £39,152 |
3 Month Average | 95.737 % | £17,711 | £36,211 |
6 Month Average | 94.542 % | £17,490 | £35,990 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Sep 2022 | £87,941 | £88,000 | 77 EDEN LANE |
10 Jun 2022 | £61,311 | £60,000 | 103 EDENHILL ROAD |
31 Mar 2022 | £59,781 | £57,265 | 8 TROUTBECK WAY |
25 Mar 2022 | £91,866 | £88,000 | 4 ASHTON RISE |
17 Dec 2021 | £134,913 | £125,000 | 14 ASHTON RISE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 7 Nov 2013. Using an estimated price of £58,209 means this house is valued at £625 per sq meter (£58 per sq foot).
The average size of a house on EDEN LANE is 89 sq meters (964 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Eden Lane | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eden Lane |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eden Lane |
Jun 2024 | Public order | Local resolution | On or near Eden Lane |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pickard Close |