£76,685
This estimated value is based upon the latest sale price for the house of £62,500 on 2 Sep 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £62,500 | 2 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £62,500 results in an estimated price of approximately £76,685.
| 2 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £62,500 | £14,185 | £76,685 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 11.146 % | £6,966 | £69,466 |
| 3 Month Average | -18.792 % | £-11,745 | £50,754 |
| 6 Month Average | -8.404 % | £-5,252 | £57,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £50,751 | £50,000 | 13 OAKLEA |
| 22 Sep 2023 | £57,738 | £57,000 | 4 QUEENSWAY |
| 28 Jul 2023 | £72,982 | £72,000 | 13 LARCH AVENUE |
| 31 Mar 2023 | £70,666 | £70,000 | 20 YEW TREE AVENUE |
| 16 Mar 2023 | £75,713 | £75,000 | 41 QUEENSWAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 12 Mar 2019. Using an estimated price of £76,685 means this house is valued at £902 per sq meter (£83 per sq foot).
The average size of a house on LIME GROVE is 83 sq meters (894 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Lime Grove | |
| Dec 2023 | Anti-social behaviour | On or near Lime Grove | |
| Dec 2023 | Anti-social behaviour | On or near Lime Grove | |
| Dec 2023 | Anti-social behaviour | On or near Lime Grove | |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Lime Grove |