£165,591
This estimated value is based upon the latest sale price for the house of £92,500 on 22 Feb 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £92,500 | 22 Feb 2006 |
| Terraced |
| Freehold |
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 2006 the House Price Index for DURHAM was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £92,500 results in an estimated price of approximately £165,591.
| 22 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £92,500 | £73,091 | £165,591 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 23.698 % | £21,920 | £114,420 |
| 3 Month Average | 10.695 % | £9,893 | £102,393 |
| 6 Month Average | 10.341 % | £9,565 | £102,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £142,400 | £142,400 | 21 LUMLEY TERRACE |
| 18 Apr 2024 | £87,258 | £86,500 | 5 WEARDALE TERRACE |
| 22 Sep 2023 | £209,365 | £204,750 | 25 LUMLEY TERRACE |
| 10 Aug 2023 | £58,556 | £57,500 | 33 UNION COURT |
| 24 Feb 2023 | £55,370 | £55,000 | 12 UNION COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Lumley Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Lumley Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Lumley Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Lumley Terrace | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wear Street |