£58,728
This estimated value is based upon the latest sale price for the house of £45,100 on 6 Apr 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £45,100 | 6 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 sq feet |
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 April 2017 the House Price Index for COUNTY DURHAM was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £45,100 results in an estimated price of approximately £58,728.
| 6 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £45,100 | £13,628 | £58,728 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 38.122 % | £17,193 | £62,293 |
| 3 Month Average | 43.916 % | £19,806 | £64,906 |
| 6 Month Average | 17.451 % | £7,870 | £52,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £134,121 | £130,000 | 52 WILLOW CRESCENT |
| 31 Oct 2023 | £64,464 | £63,000 | 24 DURHAM ROAD |
| 27 Oct 2023 | £119,719 | £117,000 | 39 WILLOW CRESCENT |
| 10 Oct 2023 | £92,092 | £90,000 | 12 DURHAM ROAD |
| 12 Aug 2022 | £150,705 | £150,000 | 73 DURHAM ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 6 Feb 2015. Using an estimated price of £58,729 means this house is valued at £863 per sq meter (£80 per sq foot).
The average size of a house on LAUREL DRIVE is 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Alder Grove | |
| May 2024 | Anti-social behaviour | On or near Willow Crescent | |
| May 2024 | Anti-social behaviour | On or near Willow Crescent | |
| May 2024 | Anti-social behaviour | On or near Willow Crescent | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Road |