£349,560
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£280,000 | 6 Jul 2018 |
£179,950 | 1 Apr 2004 |
£78,800 | 21 Jul 2000 |
Detached |
Freehold |
Floor Area: 132 sq meters or 1,431 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 July 2018 the House Price Index for DURHAM was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £280,000 results in an estimated price of approximately £349,560.
6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £280,000 | £69,560 | £349,560 |
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 | -1.057 % | £-2,959 | £277,040 |
3 Month Average | 10.074 % | £28,206 | £308,206 |
6 Month Average | 6.264 % | £17,537 | £297,537 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2023 | £138,592 | £136,000 | 28 LANCASHIRE DRIVE |
24 Mar 2023 | £213,567 | £210,000 | 55 BUCKINGHAMSHIRE ROAD |
20 Feb 2023 | £244,131 | £242,500 | 24 THE LINKS |
27 Jun 2022 | £181,888 | £178,000 | 6 LEICESTERSHIRE DRIVE |
20 May 2022 | £292,623 | £285,000 | 10 LEICESTERSHIRE DRIVE |
This house has a floor area of 132 sq meters or 1,431 sq feet when measured on 21 Nov 2011. Using an estimated price of £349,560 means this house is valued at £2,628 per sq meter (£244 per sq foot).
The average size of a house on LANCASHIRE DRIVE is 93 sq meters (1,001 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,431 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Nottinghamshire Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Staffordshire Drive |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Staffordshire Drive |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Derbyshire Drive |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Warwickshire Drive |