£90,061
This estimated value is based upon the latest sale price for the house of £51,000 on 21 Apr 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £51,000 | 21 Apr 2006 |
| £22,500 | 27 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 April 2006 the House Price Index for DURHAM was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £51,000 results in an estimated price of approximately £90,061.
| 21 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 149.7 | 76.591 % | £51,000 | £39,061 | £90,061 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -36.115 % | £-18,418 | £32,581 |
| 3 Month Average | 5.641 % | £2,877 | £53,877 |
| 6 Month Average | 10.199 % | £5,201 | £56,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £152,692 | £148,000 | 10 BOURN LEA |
| 6 Nov 2023 | £179,558 | £175,000 | 8 THE BELFRY |
| 27 Mar 2023 | £142,378 | £140,000 | 8 BOURN LEA |
| 20 Jan 2023 | £127,997 | £127,655 | 75 ROSS LEA |
| 11 Mar 2022 | £143,541 | £137,500 | 23 ROSS LEA |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 13 Jul 2016. Using an estimated price of £90,061 means this house is valued at £2,729 per sq meter (£253 per sq foot).
The average size of a house on GOLF COURSE ROAD is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near The Belfry | |
| Jun 2024 | Other theft | Under investigation | On or near The Belfry |
| Jun 2024 | Anti-social behaviour | On or near The Belfry | |
| May 2024 | Vehicle crime | Under investigation | On or near Golf Course Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bourn Lea |