£99,835
This estimated value is based upon the latest sale price for the house of £94,500 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £94,500 | 4 Feb 2022 |
| £102,000 | 9 Mar 2018 |
| £125,000 | 25 May 2007 |
| £110,000 | 24 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2022 the House Price Index for DURHAM was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £94,500 results in an estimated price of approximately £99,835.
| 4 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £94,500 | £5,335 | £99,835 |
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 | -48.936 % | £-46,244 | £48,255 |
| 3 Month Average | -7.907 % | £-7,472 | £87,027 |
| 6 Month Average | -8.411 % | £-7,948 | £86,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £409,296 | £400,000 | VILLAGE INN SUNDERLAND ROAD |
| 16 Aug 2023 | £183,306 | £180,000 | 10 SOUTH SIDE |
| 2 Jun 2023 | £459,202 | £450,000 | ALBION HOUSE LOW ROW |
| 8 Mar 2023 | £157,632 | £155,000 | 6 SUNDERLAND ROAD |
| 19 Jan 2023 | £118,316 | £118,000 | 29 ROSEMARY LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 8 Jan 2018. Using an estimated price of £99,835 means this house is valued at £1,062 per sq meter (£98 per sq foot).
The average size of a house on ROSEMARY LANE is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Rosemary Lane | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rosemary Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rosemary Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rosemary Lane |
| Apr 2024 | Anti-social behaviour | On or near Rosemary Lane |