£51,342
This estimated value is based upon the latest sale price for the house of £51,000 on 22 Feb 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £51,000 | 22 Feb 2023 |
| £60,000 | 22 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2023 the House Price Index for COUNTY DURHAM was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £51,000 results in an estimated price of approximately £51,342.
| 22 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £51,000 | £342 | £51,342 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 7.868 % | £4,012 | £55,012 |
| 3 Month Average | 1.507 % | £768 | £51,768 |
| 6 Month Average | -0.784 % | £-399 | £50,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £46,000 | £46,000 | 4 LUMSDEN TERRACE |
| 14 Mar 2024 | £78,709 | £77,500 | 4 VALIANT WAY |
| 22 Feb 2023 | £51,343 | £51,000 | 12 LANGDON GARDENS |
| 17 Feb 2023 | £44,296 | £44,000 | 21 PERCY AVENUE |
| 13 Feb 2023 | £80,538 | £80,000 | 1 LUMSDEN TERRACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 May 2017. Using an estimated price of £51,343 means this house is valued at £583 per sq meter (£54 per sq foot).
The average size of a house on LANGDON GARDENS is 88 sq meters (953 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Tollgate Bungalows |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tollgate Bungalows |
| Oct 2024 | Drugs | Under investigation | On or near Kirkfield Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirkfield Gardens |
| Oct 2024 | Other theft | Under investigation | On or near Kirkfield Gardens |