£184,258
This estimated value is based upon the latest sale price for the house of £125,000 on 5 Mar 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £125,000 | 5 Mar 2015 |
| £58,500 | 31 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 March 2015 the House Price Index for DURHAM was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £125,000 results in an estimated price of approximately £184,258.
| 5 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £125,000 | £59,258 | £184,258 |
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 | 66.126 % | £82,656 | £207,656 |
| 3 Month Average | 14.423 % | £18,028 | £143,028 |
| 6 Month Average | 7.480 % | £9,350 | £134,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £131,633 | £129,950 | 41 EDEN ROAD |
| 8 Aug 2023 | £78,688 | £78,000 | 12 ARROWSMITH SQUARE |
| 16 Jun 2023 | £141,717 | £140,000 | 33 EDEN ROAD |
| 7 Feb 2023 | £104,929 | £105,000 | 43 ST AIDANS WALK |
| 10 Jan 2023 | £129,341 | £129,950 | 18 STANFIELD ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 23 Jul 2014. Using an estimated price of £184,258 means this house is valued at £1,919 per sq meter (£178 per sq foot).
The average size of a house on LANGLEY ROAD is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eden Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eden Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Porter Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanfield Road |