£240,484
This estimated value is based upon the latest sale price for the house of £125,000 on 24 Sep 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £125,000 | 24 Sep 2004 |
| Semi-Detached |
| 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 September 2004 the House Price Index for DURHAM was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £125,000 results in an estimated price of approximately £240,484.
| 24 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £125,000 | £115,484 | £240,484 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | 58.024 % | £72,530 | £197,530 |
| 3 Month Average | 35.015 % | £43,768 | £168,768 |
| 6 Month Average | 36.923 % | £46,154 | £171,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2024 | £182,500 | £182,500 | 26 LANGLEY GROVE |
| 14 Jun 2024 | £176,000 | £176,000 | 5 BRANCEPETH GROVE |
| 17 Nov 2023 | £184,688 | £180,000 | 45 LAMBTON DRIVE |
| 18 Aug 2023 | £122,204 | £120,000 | 13 LAMBTON DRIVE |
| 18 Aug 2023 | £156,829 | £154,000 | 11 LAMBTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langley Grove |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alnwick Close |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Richmond Avenue |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Dudley Grove |
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Dudley Grove |