£526,954
This estimated value is based upon the latest sale price for the house of £112,000 on 31 Jul 1998. This value is then adjusted by the current Official House Price Index for DURHAM 1
There have been two burglaries within the last year on or near Meadow Grange
More crime details
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| Price Paid | Date |
|---|---|
| £112,000 | 31 Jul 1998 |
| 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 July 1998 the House Price Index for DURHAM was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £112,000 results in an estimated price of approximately £526,954.
| 31 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.495 % | £112,000 | £414,954 | £526,954 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 69.247 % | £77,556 | £189,556 |
| 3 Month Average | 164.404 % | £184,132 | £296,132 |
| 6 Month Average | 182.379 % | £204,264 | £316,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £106,265 | £103,000 | 7 MEDWYN CLOSE |
| 17 Nov 2023 | £71,823 | £70,000 | 1B LANGTONS TERRACE |
| 19 Oct 2023 | £225,113 | £220,000 | PADDOCK LODGE MEADOW GRANGE |
| 22 Sep 2023 | £268,928 | £263,000 | 7 ORCHID SQUARE |
| 30 Jun 2023 | £66,329 | £65,000 | 85 LAMBOURNE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Meadow Grange |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Meadow Grange |
| May 2024 | Other crime | Under investigation | On or near Meadow Grange |