£69,766
This estimated value is based upon the latest sale price for the house of £56,000 on 9 Apr 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £56,000 | 9 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 2019 the House Price Index for COUNTY DURHAM was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £56,000 results in an estimated price of approximately £69,766.
| 9 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £56,000 | £13,766 | £69,766 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 10.392 % | £5,819 | £61,819 |
| 3 Month Average | 5.640 % | £3,158 | £59,158 |
| 6 Month Average | 2.858 % | £1,600 | £57,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £66,000 | £66,000 | 20A GLEBE TERRACE |
| 28 Jun 2023 | £74,493 | £73,000 | 65 WORDSWORTH ROAD |
| 10 Feb 2023 | £90,605 | £90,000 | 14 MILTON LANE |
| 15 Nov 2022 | £89,581 | £90,000 | THE OLD DRILL HALL SEASIDE LANE |
| 25 Aug 2022 | £103,534 | £103,050 | 1 MILTON LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Jan 2019. Using an estimated price of £69,767 means this house is valued at £955 per sq meter (£88 per sq foot).
The average size of a house on MILTON LANE is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Comet Drive |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Comet Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Petwell Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Road |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wordsworth Road |