£273,778
This estimated value is based upon the latest sale price for the house of £74,000 on 11 Aug 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £74,000 | 11 Aug 2000 |
| £65,000 | 30 Oct 1997 |
| £60,000 | 20 Mar 1995 |
| 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 August 2000 the House Price Index for DURHAM was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £74,000 results in an estimated price of approximately £273,778.
| 11 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £74,000 | £199,778 | £273,778 |
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 | 133.900 % | £99,085 | £173,085 |
| 3 Month Average | 122.574 % | £90,704 | £164,704 |
| 6 Month Average | 123.707 % | £91,543 | £165,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £162,072 | £160,000 | 11 LEANDER AVENUE |
| 27 Jan 2023 | £174,180 | £175,000 | 39 LOMBARD DRIVE |
| 22 Jul 2022 | £220,594 | £220,000 | 12 LEANDER AVENUE |
| 27 Jun 2022 | £116,648 | £115,000 | 36 LEANDER AVENUE |
| 14 Feb 2022 | £259,552 | £247,500 | 28 LOMBARD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lombard Drive |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Queensmere |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sinclair Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sinclair Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sinclair Drive |