£61,456
This estimated value is based upon the latest sale price for the house of £49,950 on 21 Jan 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £49,950 | 21 Jan 2019 |
| £30,000 | 31 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 January 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £49,950 results in an estimated price of approximately £61,456.
| 21 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £49,950 | £11,506 | £61,456 |
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 | 22.120 % | £11,048 | £60,998 |
| 3 Month Average | -11.602 % | £-5,795 | £44,154 |
| 6 Month Average | 5.299 % | £2,646 | £52,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £33,000 | £33,000 | 127 YODEN ROAD |
| 20 Dec 2023 | £102,450 | £100,512 | 52 FAIRBAIRN ROAD |
| 10 Nov 2023 | £47,864 | £47,250 | 6 BUDDLE CLOSE |
| 17 Aug 2023 | £102,623 | £101,999 | 5 RAMSEY CLOSE |
| 17 Jul 2023 | £90,854 | £89,995 | 131 EDEN LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 May 2018. Using an estimated price of £61,457 means this house is valued at £714 per sq meter (£66 per sq foot).
The average size of a house on EDEN LANE is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Burt Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Burt Close |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Burt Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Burt Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Burt Close |