£131,447
This estimated value is based upon the latest sale price for the house of £28,000 on 26 Jun 1998. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £28,000 | 26 Jun 1998 |
| £13,000 | 12 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 June 1998 the House Price Index for DURHAM was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £28,000 results in an estimated price of approximately £131,447.
| 26 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 148.6 | 369.456 % | £28,000 | £103,447 | £131,447 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 67.830 % | £18,992 | £46,992 |
| 3 Month Average | 96.477 % | £27,013 | £55,013 |
| 6 Month Average | 136.234 % | £38,145 | £66,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £61,068 | £60,000 | 50 UPPER CHURCH STREET |
| 23 Nov 2023 | £75,111 | £73,999 | 1 PEARSON STREET |
| 28 Sep 2023 | £60,777 | £60,000 | 5 GRAINGER STREET |
| 31 Jul 2023 | £75,973 | £74,950 | 3 FENWICK STREET |
| 28 Jul 2023 | £60,819 | £60,000 | 44 HALF MOON LANE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 8 Jul 2015. Using an estimated price of £131,448 means this house is valued at £1,153 per sq meter (£107 per sq foot).
The average size of a house on HALF MOON LANE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Half Moon Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Half Moon Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Half Moon Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Half Moon Lane |
| Apr 2024 | Anti-social behaviour | On or near Mount Pleasant Court |