£286,209
This estimated value is based upon the latest sale price for the house of £55,000 on 30 May 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£55,000 | 30 May 1997 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 May 1997 the House Price Index for DURHAM was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £55,000 results in an estimated price of approximately £286,209.
30 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 149.7 | 420.381 % | £55,000 | £231,209 | £286,209 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | 239.248 % | £131,586 | £186,586 |
3 Month Average | 187.377 % | £103,057 | £158,057 |
6 Month Average | 168.857 % | £92,871 | £147,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Oct 2024 | £126,500 | £126,500 | 4 HARTHOPE GROVE |
19 Dec 2023 | £113,487 | £110,000 | 61 LINBURN DRIVE |
24 Nov 2023 | £184,637 | £179,950 | 1 LINBURN DRIVE |
25 Apr 2023 | £200,755 | £197,000 | 27 LINBURN DRIVE |
8 Feb 2023 | £97,652 | £97,000 | 14 HARTHOPE GROVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 17 Mar 2014. Using an estimated price of £286,210 means this house is valued at £4,147 per sq meter (£385 per sq foot).
The average size of a house on LINBURN DRIVE is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Tunstall Grove |
Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Waskerley Grove |
Oct 2024 | Anti-social behaviour | On or near Harthope Grove | |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Shipley Grove |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shipley Grove |