£261,418
This estimated value is based upon the latest sale price for the house of £144,000 on 19 Dec 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £144,000 | 19 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 December 2005 the House Price Index for DURHAM was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £144,000 results in an estimated price of approximately £261,418.
| 19 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £144,000 | £117,418 | £261,418 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -2.912 % | £-4,193 | £139,806 |
| 3 Month Average | 15.046 % | £21,666 | £165,666 |
| 6 Month Average | 25.392 % | £36,565 | £180,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £221,927 | £220,000 | 2 PERCY SQUARE |
| 21 Aug 2023 | £198,836 | £195,250 | 16 NEVILLE SQUARE |
| 1 Aug 2023 | £356,429 | £350,000 | 22 HASTINGS AVENUE |
| 2 Jun 2023 | £219,397 | £215,000 | 6 LOWES WYND |
| 28 Feb 2023 | £327,186 | £325,000 | GREENCROFT LOWES BARN BANK |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 29 Apr 2015. Using an estimated price of £261,419 means this house is valued at £3,681 per sq meter (£342 per sq foot).
The average size of a house on LOWES BARN BANK is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near The Steadings | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Steadings |
| Aug 2024 | Anti-social behaviour | On or near The Steadings | |
| Aug 2024 | Anti-social behaviour | On or near The Steadings | |
| Aug 2024 | Anti-social behaviour | On or near The Steadings |