£100,677
This estimated value is based upon the latest sale price for the house of £60,000 on 6 Jun 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Sports/Recreation Area
More crime details
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| Price Paid | Date |
|---|---|
| £60,000 | 6 Jun 2013 |
| £98,000 | 6 Feb 2006 |
| Terraced |
| Freehold |
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 June 2013 the House Price Index for COUNTY DURHAM was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £60,000 results in an estimated price of approximately £100,677.
| 6 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 149.7 | 67.796 % | £60,000 | £40,677 | £100,677 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 114.739 % | £68,843 | £128,843 |
| 3 Month Average | 42.203 % | £25,321 | £85,321 |
| 6 Month Average | 37.167 % | £22,300 | £82,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £92,853 | £90,000 | 20 LAMBTON GARDENS |
| 13 Dec 2023 | £87,695 | £85,000 | 25 GARESFIELD GARDENS |
| 13 Dec 2023 | £98,012 | £95,000 | 4 LAMBTON GARDENS |
| 17 Nov 2023 | £93,370 | £91,000 | 25 LUMLEY GARDENS |
| 8 Nov 2023 | £56,432 | £55,000 | 42 ALBION GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |