£462,205
This estimated value is based upon the latest sale price for the house of £375,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £375,000 | 14 Feb 2020 |
| £315,000 | 4 Apr 2014 |
| £119,500 | 4 Jan 1999 |
| Detached |
| Leasehold |
| Floor Area: 203 sq meters or 2,185 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 February 2020 the House Price Index for DURHAM was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £375,000 results in an estimated price of approximately £462,205.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £375,000 | £87,205 | £462,205 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 31.176 % | £116,910 | £491,910 |
| 3 Month Average | -5.789 % | £-21,707 | £353,292 |
| 6 Month Average | -4.440 % | £-16,648 | £358,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £332,041 | £324,500 | 115 PICKTREE LODGE |
| 18 Aug 2023 | £367,631 | £361,000 | 116 PICKTREE LODGE |
| 10 Mar 2023 | £269,501 | £265,000 | 89 PICKTREE LODGE |
| 27 Oct 2022 | £199,334 | £200,000 | 21 AMBLESIDE COURT |
| 6 Sep 2022 | £326,782 | £327,000 | 119 PICKTREE LODGE |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 28 Aug 2013. Using an estimated price of £462,205 means this house is valued at £2,276 per sq meter (£211 per sq foot).
The average size of a house on PICKTREE LODGE is 133 sq meters (1,440 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lowick Close |
| Oct 2024 | Drugs | Under investigation | On or near Portree Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Portree Close |
| Jul 2024 | Drugs | Under investigation | On or near Portree Close |
| Jul 2024 | Drugs | Under investigation | On or near Portree Close |