£135,399
This estimated value is based upon the latest sale price for the house of £102,500 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £102,500 | 16 Dec 2016 |
| £83,000 | 18 Jul 2014 |
| £100,000 | 2 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 December 2016 the House Price Index for DURHAM was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £102,500 results in an estimated price of approximately £135,399.
| 16 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £102,500 | £32,899 | £135,399 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 26.885 % | £27,556 | £130,056 |
| 3 Month Average | 12.938 % | £13,261 | £115,761 |
| 6 Month Average | 2.641 % | £2,707 | £105,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £116,794 | £115,000 | 2 WILSON WALK |
| 28 Mar 2024 | £91,404 | £90,000 | 18 EMERSON WAY |
| 17 Nov 2023 | £82,084 | £80,000 | 6 FINCHALE ROAD |
| 27 Oct 2023 | £168,835 | £165,000 | 51 BEWICK CRESCENT |
| 29 Aug 2023 | £117,112 | £115,000 | 10 LEE GREEN |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Oct 2013. Using an estimated price of £135,400 means this house is valued at £1,880 per sq meter (£174 per sq foot).
The average size of a house on LEE GREEN is 100 sq meters (1,084 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lee Green |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lee Green |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lee Green |
| Apr 2024 | Anti-social behaviour | On or near Lee Green | |
| Apr 2024 | Anti-social behaviour | On or near Lee Green |