£108,323
This estimated value is based upon the latest sale price for the house of £59,000 on 12 Oct 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £59,000 | 12 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 October 2005 the House Price Index for DURHAM was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £59,000 results in an estimated price of approximately £108,323.
| 12 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £59,000 | £49,323 | £108,323 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 32.536 % | £19,196 | £78,196 |
| 3 Month Average | 22.430 % | £13,233 | £72,233 |
| 6 Month Average | 20.775 % | £12,257 | £71,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £58,397 | £57,500 | 32 CHURCH LANE |
| 24 Nov 2023 | £65,667 | £64,000 | 5 HAWTHORNE ROAD |
| 29 Sep 2023 | £112,480 | £110,000 | 10 WILLOW ROAD |
| 29 Sep 2023 | £92,029 | £90,000 | 29 DERWENT ROAD |
| 22 Sep 2023 | £92,029 | £90,000 | 46 LIME ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 17 Nov 2021. Using an estimated price of £108,324 means this house is valued at £1,569 per sq meter (£145 per sq foot).
The average size of a house on LIME ROAD is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lime Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lime Road |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Lime Road |
| Aug 2024 | Anti-social behaviour | On or near Lime Road | |
| Aug 2024 | Anti-social behaviour | On or near Lime Road |