£322,376
This estimated value is based upon the latest sale price for the house of £61,950 on 30 May 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Thornton Lea
More crime details
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| Price Paid | Date |
|---|---|
| £61,950 | 30 May 1997 |
| Semi-Detached |
| Freehold |
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 May 1997 the House Price Index for DURHAM was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £61,950 results in an estimated price of approximately £322,376.
| 30 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £61,950 | £260,426 | £322,376 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 152.908 % | £94,726 | £156,676 |
| 3 Month Average | 147.202 % | £91,191 | £153,141 |
| 6 Month Average | 127.580 % | £79,035 | £140,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £225,730 | £220,000 | 1 THORNTON LEA |
| 27 Oct 2023 | £157,579 | £154,000 | 140 THORNTONS CLOSE |
| 12 Jun 2023 | £99,494 | £97,500 | 151 THORNTONS CLOSE |
| 28 Jan 2022 | £199,317 | £188,000 | 55 THORNTON LEA |
| 16 Dec 2021 | £218,020 | £202,000 | 37 THORNTON LEA |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Thornton Lea |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornton Lea |
| Aug 2024 | Anti-social behaviour | On or near Thornton Lea | |
| Aug 2024 | Anti-social behaviour | On or near Thornton Lea | |
| Aug 2024 | Anti-social behaviour | On or near Thornton Lea |