£76,619
This estimated value is based upon the latest sale price for the house of £58,500 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £58,500 | 3 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 739 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 February 2017 the House Price Index for COUNTY DURHAM was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £58,500 results in an estimated price of approximately £76,619.
| 3 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £58,500 | £18,119 | £76,619 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 49.242 % | £28,806 | £87,306 |
| 3 Month Average | 12.452 % | £7,284 | £65,784 |
| 6 Month Average | 16.633 % | £9,730 | £68,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £84,000 | £84,000 | 20 ELM ROAD |
| 24 Nov 2023 | £65,667 | £64,000 | 5 HAWTHORNE ROAD |
| 29 Sep 2023 | £92,029 | £90,000 | 29 DERWENT ROAD |
| 22 Sep 2023 | £92,029 | £90,000 | 46 LIME ROAD |
| 27 Apr 2023 | £117,191 | £114,999 | 19 HAWTHORNE ROAD |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 4 Feb 2011. Using an estimated price of £76,619 means this house is valued at £1,115 per sq meter (£103 per sq foot).
The average size of a house on LIME ROAD is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elm Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elm Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lime Road |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Lime Road |
| Aug 2024 | Anti-social behaviour | On or near Lime Road |