£74,078
This estimated value is based upon the latest sale price for the house of £72,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,000 | 28 Jul 2023 |
| £55,000 | 22 Feb 2022 |
| £78,000 | 18 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 July 2023 the House Price Index for DURHAM was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £72,000 results in an estimated price of approximately £74,078.
| 28 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £72,000 | £2,078 | £74,078 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -32.541 % | £-23,429 | £48,570 |
| 3 Month Average | -22.229 % | £-16,005 | £55,994 |
| 6 Month Average | -14.252 % | £-10,261 | £61,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £70,613 | £70,000 | 88 CORONATION AVENUE |
| 17 Nov 2023 | £51,302 | £50,000 | 13 OAKLEA |
| 16 Jun 2023 | £56,125 | £55,000 | 47 HOLLY HILL |
| 4 Apr 2023 | £50,444 | £49,500 | 13 PINE TREE CRESCENT |
| 31 Mar 2023 | £71,189 | £70,000 | 20 YEW TREE AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Oct 2015.
The average size of a house on LARCH AVENUE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Larch Avenue |
| May 2024 | Anti-social behaviour | On or near Larch Avenue | |
| May 2024 | Anti-social behaviour | On or near Larch Avenue | |
| May 2024 | Anti-social behaviour | On or near Larch Avenue | |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Larch Avenue |