£153,888
This estimated value is based upon the latest sale price for the house of £59,950 on 22 Nov 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £59,950 | 22 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 November 2002 the House Price Index for DURHAM was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £59,950 results in an estimated price of approximately £153,888.
| 22 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £59,950 | £93,938 | £153,888 |
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 | 106.266 % | £63,706 | £123,656 |
| 3 Month Average | 82.128 % | £49,235 | £109,185 |
| 6 Month Average | 81.650 % | £48,949 | £108,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £81,202 | £80,000 | 6 FINCHALE ROAD |
| 29 Aug 2023 | £116,015 | £115,000 | 10 LEE GREEN |
| 26 Jul 2023 | £106,432 | £105,000 | 91 BEWICK CRESCENT |
| 11 Jul 2023 | £50,682 | £50,000 | 23 EMERSON WAY |
| 21 Apr 2023 | £90,929 | £89,950 | 15 EMERSON WAY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 1 Oct 2013. Using an estimated price of £153,889 means this house is valued at £1,494 per sq meter (£138 per sq foot).
The average size of a house on LEE GREEN is 100 sq meters (1,084 sq feet).
This house is the largest in the street with a floor area of 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lee Green | |
| Apr 2024 | Anti-social behaviour | On or near Lambton Close | |
| Jan 2024 | Other crime | Awaiting court outcome | On or near Lambton Close |
| 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 |