£79,269
This estimated value is based upon the latest sale price for the house of £51,500 on 23 Jul 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £51,500 | 23 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in July 2014 the House Price Index for COUNTY DURHAM was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £51,500 results in an estimated price of approximately £79,269.
| 23 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £51,500 | £27,769 | £79,269 |
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 | 33.237 % | £17,116 | £68,616 |
| 3 Month Average | 25.355 % | £13,057 | £64,557 |
| 6 Month Average | 16.266 % | £8,377 | £59,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £112,865 | £110,000 | 44 MARKET STREET |
| 20 Apr 2023 | £31,591 | £31,000 | 73 - 79 CHURCH LANE |
| 14 Apr 2023 | £71,334 | £70,000 | 14 CHURCH ROAD |
| 11 Jun 2022 | £183,932 | £180,000 | 6 GLEBE HOUSES |
| 4 May 2022 | £41,070 | £40,000 | 106 CHURCH LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Sep 2014. Using an estimated price of £79,270 means this house is valued at £1,016 per sq meter (£94 per sq foot).
The average size of a house on CHURCH LANE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Road |
| Aug 2024 | Anti-social behaviour | On or near Oswald Place | |
| Aug 2024 | Anti-social behaviour | On or near Oswald Place | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oswald Place |
| Aug 2024 | Anti-social behaviour | On or near Oswald Place |