£144,975
This estimated value is based upon the latest sale price for the house of £86,450 on 3 Nov 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £86,450 | 3 Nov 2006 |
| £92,000 | 8 Dec 2005 |
| £43,500 | 15 Jun 2001 |
| £39,500 | 12 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2006 the House Price Index for DURHAM was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £86,450 results in an estimated price of approximately £144,975.
| 3 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £86,450 | £58,525 | £144,975 |
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 | 30.833 % | £26,655 | £113,105 |
| 3 Month Average | 13.624 % | £11,777 | £98,227 |
| 6 Month Average | 8.101 % | £7,003 | £93,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £111,653 | £110,000 | 44 STEPHENSON WAY |
| 4 Aug 2023 | £127,112 | £126,000 | 23 BURDON CLOSE |
| 7 Jul 2023 | £84,132 | £83,000 | 47 PRIESTMAN ROAD |
| 8 Jun 2023 | £91,104 | £90,000 | 10 MARSHALL ROAD |
| 3 Mar 2023 | £80,761 | £80,000 | 13 MARSHALL ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Jun 2014. Using an estimated price of £144,975 means this house is valued at £1,610 per sq meter (£149 per sq foot).
The average size of a house on LIGHTFOOT ROAD is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lightfoot Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Burdon Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Marshall Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marshall Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marshall Road |