£159,741
This estimated value is based upon the latest sale price for the house of £74,000 on 19 Jan 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £74,000 | 19 Jan 2004 |
| £42,750 | 9 Feb 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 January 2004 the House Price Index for DURHAM was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £74,000 results in an estimated price of approximately £159,741.
| 19 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £74,000 | £85,741 | £159,741 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 124.976 % | £92,482 | £166,482 |
| 3 Month Average | 50.441 % | £37,326 | £111,326 |
| 6 Month Average | 45.333 % | £33,546 | £107,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £132,058 | £128,000 | 32 LANGMERE |
| 12 Dec 2023 | £128,963 | £125,000 | 33 HAZELMERE |
| 18 Oct 2023 | £125,347 | £122,500 | 11 LANGMERE |
| 29 Sep 2023 | £124,750 | £122,000 | 40 LANGMERE |
| 7 Aug 2023 | £178,214 | £175,000 | 5 KELDMERE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Mar 2014. Using an estimated price of £159,742 means this house is valued at £2,074 per sq meter (£192 per sq foot).
The average size of a house on LANGMERE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Kirkdale |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kirkdale |
| May 2024 | Public order | Unable to prosecute suspect | On or near Grasmere |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosedale |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farndale |