£6,155
This estimated value is based upon the latest sale price for the house of £4,600 on 14 Sep 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £4,600 | 14 Sep 2016 |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in September 2016 the House Price Index for COUNTY DURHAM was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £4,600 results in an estimated price of approximately £6,155.
| 14 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £4,600 | £1,555 | £6,155 |
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 | 4.445 % | £204 | £4,804 |
| 3 Month Average | 22.884 % | £1,052 | £5,652 |
| 6 Month Average | 8.657 % | £398 | £4,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £116,794 | £115,000 | 2 WILSON WALK |
| 28 Mar 2024 | £91,404 | £90,000 | 18 EMERSON WAY |
| 17 Nov 2023 | £82,084 | £80,000 | 6 FINCHALE ROAD |
| 27 Oct 2023 | £168,835 | £165,000 | 51 BEWICK CRESCENT |
| 29 Aug 2023 | £117,112 | £115,000 | 10 LEE GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lee Green |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lee Green |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lee Green |
| Apr 2024 | Anti-social behaviour | On or near Lee Green | |
| Apr 2024 | Anti-social behaviour | On or near Lee Green |