£93,660
This estimated value is based upon the latest sale price for the house of £60,000 on 7 Sep 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 7 Sep 2007 |
| £32,000 | 22 Jul 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 944 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 September 2007 the House Price Index for DURHAM was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £60,000 results in an estimated price of approximately £93,660.
| 7 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £60,000 | £33,660 | £93,660 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 40.615 % | £24,369 | £84,369 |
| 3 Month Average | 15.541 % | £9,324 | £69,324 |
| 6 Month Average | 5.899 % | £3,539 | £63,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £39,586 | £39,000 | 100 SILVERDALE PLACE |
| 5 Sep 2023 | £85,088 | £84,000 | 59 ESKDALE PLACE |
| 26 Jul 2023 | £55,750 | £55,000 | 73 ESKDALE PLACE |
| 28 Jun 2023 | £65,797 | £65,000 | 81 LANGDALE PLACE |
| 17 Mar 2023 | £58,552 | £58,000 | 38 SILVERDALE PLACE |
This house has a floor area of 87 sq meters or 944 sq feet when measured on 23 Feb 2011. Using an estimated price of £93,661 means this house is valued at £1,066 per sq meter (£99 per sq foot).
The average size of a house on LANGDALE PLACE is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Langdale Place |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Langdale Place |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Langdale Place |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Langdale Place |
| Feb 2024 | Anti-social behaviour | On or near Langdale Place |