£142,390
This estimated value is based upon the latest sale price for the house of £112,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £112,000 | 20 Oct 2017 |
| £124,950 | 22 Sep 2006 |
| £52,000 | 18 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2017 the House Price Index for DURHAM was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £112,000 results in an estimated price of approximately £142,390.
| 20 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £112,000 | £30,390 | £142,390 |
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 | 9.505 % | £10,646 | £122,646 |
| 3 Month Average | 31.229 % | £34,976 | £146,976 |
| 6 Month Average | 12.528 % | £14,031 | £126,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £136,183 | £135,000 | 7 LUTTRYNGTON COURT |
| 18 Mar 2024 | £167,575 | £165,000 | 17 JESMOND COURT |
| 8 Dec 2023 | £132,058 | £128,000 | 30 LASCELLES AVENUE |
| 30 Jun 2023 | £129,597 | £127,000 | 5 JESMOND COURT |
| 16 Jun 2023 | £153,016 | £149,950 | 21 JESMOND COURT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Jul 2014. Using an estimated price of £142,390 means this house is valued at £1,802 per sq meter (£167 per sq foot).
The average size of a house on LASCELLES AVENUE is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Lascelles Avenue | |
| May 2024 | Anti-social behaviour | On or near Lascelles Avenue | |
| May 2024 | Anti-social behaviour | On or near Lascelles Avenue | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luttryngton Court |
| Jun 2024 | Anti-social behaviour | On or near Luttryngton Court |