£180,361
This estimated value is based upon the latest sale price for the house of £146,000 on 25 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 |
|---|---|
| £146,000 | 25 Jan 2019 |
| £146,950 | 27 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £146,000 results in an estimated price of approximately £180,361.
| 25 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £146,000 | £34,361 | £180,361 |
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 | -15.670 % | £-22,878 | £123,121 |
| 3 Month Average | -15.047 % | £-21,969 | £124,030 |
| 6 Month Average | 0.950 % | £1,386 | £147,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £331,742 | £327,500 | 3 HEWICK ROAD |
| 7 Jul 2023 | £283,820 | £280,000 | 45 ABBEY GREEN |
| 28 Apr 2023 | £156,687 | £155,000 | 53 ABBEY GREEN |
| 27 Jan 2023 | £243,851 | £245,000 | 22 ABBEY GREEN |
| 28 Sep 2022 | £228,158 | £230,000 | 33 ABBEY GREEN |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 12 Sep 2012. Using an estimated price of £180,362 means this house is valued at £1,878 per sq meter (£174 per sq foot).
The average size of a house on DEAN LANE is 128 sq meters (1,379 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hewick Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Abbey Green |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Boyle Grove |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tolmie Close |
| Apr 2024 | Other crime | Under investigation | On or near Tolmie Close |