£123,876
This estimated value is based upon the latest sale price for the house of £80,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£80,000 | 27 Jun 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 June 2014 the House Price Index for COUNTY DURHAM was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £80,000 results in an estimated price of approximately £123,876.
27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £80,000 | £43,876 | £123,876 |
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 | 1.321 % | £1,056 | £81,056 |
3 Month Average | 21.875 % | £17,500 | £97,500 |
6 Month Average | 12.839 % | £10,270 | £90,270 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £82,122 | £80,312 | 47 WATSON ROAD |
30 Jun 2023 | £95,667 | £93,750 | 2 CUMBY ROAD |
5 Aug 2022 | £90,423 | £90,000 | 7 CROSBY ROAD |
29 Jul 2022 | £110,558 | £109,450 | 6 ST GODRICS ROAD |
24 Jun 2022 | £112,403 | £110,000 | 31 WATSON ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 May 2014. Using an estimated price of £123,876 means this house is valued at £1,588 per sq meter (£147 per sq foot).
The average size of a house on LOWERY ROAD is 101 sq meters (1,090 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pease Way |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pease Way |
Jul 2024 | Anti-social behaviour | On or near Crosby Road | |
May 2024 | Anti-social behaviour | On or near Crosby Road | |
May 2024 | Anti-social behaviour | On or near Crosby Road |