£82,225
This estimated value is based upon the latest sale price for the house of £33,000 on 3 Jan 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £33,000 | 3 Jan 2003 |
| £28,500 | 9 Feb 2001 |
| £26,250 | 1 Apr 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 January 2003 the House Price Index for DURHAM was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £33,000 results in an estimated price of approximately £82,225.
| 3 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £33,000 | £49,225 | £82,225 |
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 | 47.024 % | £15,518 | £48,518 |
| 3 Month Average | 63.578 % | £20,980 | £53,980 |
| 6 Month Average | 67.835 % | £22,385 | £55,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £133,385 | £129,999 | 87 LINDISFARNE |
| 11 Oct 2023 | £66,511 | £65,000 | 76 SUNNY BLUNTS |
| 29 Sep 2023 | £66,465 | £65,000 | 73 LINDISFARNE |
| 26 Jun 2023 | £114,290 | £112,000 | 71 LINDISFARNE |
| 24 Apr 2023 | £109,549 | £107,500 | 4 LINDISFARNE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 10 Jul 2020. Using an estimated price of £82,226 means this house is valued at £2,005 per sq meter (£186 per sq foot).
The average size of a house on LINDISFARNE is 57 sq meters (614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Lindisfarne |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lindisfarne |
| May 2024 | Violence and sexual offences | Under investigation | On or near Lindisfarne |
| May 2024 | Anti-social behaviour | On or near Lindisfarne | |
| May 2024 | Anti-social behaviour | On or near Lindisfarne |