£59,776
This estimated value is based upon the latest sale price for the house of £50,000 on 1 Jun 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £50,000 | 1 Jun 2020 |
| £56,000 | 17 Dec 2015 |
| £31,500 | 7 Apr 2014 |
| £41,000 | 16 Jul 2010 |
| £36,000 | 26 Mar 2010 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 June 2020 the House Price Index for COUNTY DURHAM was 122.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.553%.Applying this 19.553% change to the original purchase price of £50,000 results in an estimated price of approximately £59,776.
| 1 Jun 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 146.7 | 19.553 % | £50,000 | £9,776 | £59,776 |
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 | 18.693 % | £9,346 | £59,346 |
| 3 Month Average | 8.672 % | £4,335 | £54,335 |
| 6 Month Average | 28.092 % | £14,045 | £64,045 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 13 May 2019.
The average size of a house on LAMBTON STREET is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambton Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambton Street |
| Mar 2024 | Other crime | Under investigation | On or near Ruby Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Braithwaite Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braithwaite Street |