£74,497
This estimated value is based upon the latest sale price for the house of £74,000 on 23 Feb 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £74,000 | 23 Feb 2023 |
| £55,000 | 15 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 755 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 February 2023 the House Price Index for COUNTY DURHAM was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £74,000 results in an estimated price of approximately £74,497.
| 23 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £74,000 | £497 | £74,497 |
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 | 43.489 % | £32,181 | £106,181 |
| 3 Month Average | -12.668 % | £-9,374 | £64,625 |
| 6 Month Average | -14.607 % | £-10,809 | £63,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £84,000 | £84,000 | 20 ELM ROAD |
| 24 Nov 2023 | £65,667 | £64,000 | 5 HAWTHORNE ROAD |
| 10 Nov 2023 | £70,028 | £68,250 | 77 DEAN ROAD |
| 29 Sep 2023 | £92,029 | £90,000 | 29 DERWENT ROAD |
| 27 Apr 2023 | £117,191 | £114,999 | 19 HAWTHORNE ROAD |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 20 Oct 2011. Using an estimated price of £74,498 means this house is valued at £1,060 per sq meter (£98 per sq foot).
The average size of a house on LIME ROAD is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beech Crescent |
| Sep 2024 | Anti-social behaviour | On or near Beech Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Beech Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Beech Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Beech Crescent |