£278,267
This estimated value is based upon the latest sale price for the house of £166,245 on 26 Mar 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£166,245 | 26 Mar 2013 |
Detached |
Freehold |
Floor Area: 127 sq meters or 1,371 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 March 2013 the House Price Index for COUNTY DURHAM was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £166,245 results in an estimated price of approximately £278,267.
26 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.384 % | £166,245 | £112,022 | £278,267 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -28.708 % | £-47,726 | £118,518 |
3 Month Average | -12.962 % | £-21,549 | £144,695 |
6 Month Average | -9.638 % | £-16,023 | £150,221 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £126,705 | £125,000 | 28 MULBERRY DRIVE |
30 Jun 2023 | £151,839 | £150,000 | 22 LAVENDER CRESCENT |
13 Jan 2023 | £184,133 | £185,000 | 15 MAGNOLIA WALK |
14 Oct 2022 | £232,497 | £235,000 | 36 MULBERRY DRIVE |
1 Jul 2022 | £230,621 | £230,000 | 41 LAVENDER CRESCENT |
This house has a floor area of 127 sq meters or 1,371 sq feet when measured on 30 Jan 2012. Using an estimated price of £278,268 means this house is valued at £2,183 per sq meter (£202 per sq foot).
The average size of a house on LAVENDER CRESCENT is 113 sq meters (1,217 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lavender Crescent |
Jan 2024 | Anti-social behaviour | On or near Lavender Crescent | |
Jan 2024 | Anti-social behaviour | On or near Lavender Crescent | |
Jan 2024 | Anti-social behaviour | On or near Lavender Crescent | |
Dec 2023 | Anti-social behaviour | On or near Lavender Crescent |