£100,868
This estimated value is based upon the latest sale price for the house of £84,950 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£84,950 | 18 Sep 2020 |
£81,000 | 11 Aug 2017 |
£86,000 | 24 Oct 2008 |
£97,000 | 13 Sep 2006 |
£59,995 | 28 Jul 2003 |
£43,000 | 21 Dec 2001 |
£44,500 | 14 Dec 1998 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 September 2020 the House Price Index for DURHAM was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £84,950 results in an estimated price of approximately £100,868.
18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £84,950 | £15,918 | £100,868 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 5.313 % | £4,513 | £89,463 |
3 Month Average | -2.705 % | £-2,297 | £82,652 |
6 Month Average | -1.293 % | £-1,098 | £83,851 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £106,432 | £105,000 | 14 LANCELOT CLOSE |
2 Mar 2023 | £181,712 | £180,000 | 10 THWAITES CLOSE |
9 Sep 2022 | £143,838 | £145,000 | 5 TEMPLE WAY |
24 Aug 2022 | £105,715 | £106,000 | 9 LANCELOT CLOSE |
12 Aug 2022 | £169,544 | £170,000 | 31 TEMPLE WAY |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 11 Jul 2020. Using an estimated price of £100,868 means this house is valued at £1,867 per sq meter (£173 per sq foot).
The average size of a house on LANCELOT CLOSE is 73 sq meters (789 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancelot Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gamul Close |
Mar 2024 | Other crime | Under investigation | On or near Gamul Close |
Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Gamul Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gamul Close |