£61,872
This estimated value is based upon the latest sale price for the house of £57,750 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£57,750 | 3 Dec 2021 |
£70,000 | 30 Nov 2005 |
£40,000 | 12 Jul 2004 |
£17,000 | 28 Feb 2001 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 December 2021 the House Price Index for DURHAM was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £57,750 results in an estimated price of approximately £61,872.
3 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £57,750 | £4,122 | £61,872 |
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 | -24.702 % | £-14,265 | £43,484 |
3 Month Average | -19.677 % | £-11,363 | £46,386 |
6 Month Average | -4.557 % | £-2,631 | £55,118 |
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 73 sq meters or 785 sq feet when measured on 29 Oct 2018. Using an estimated price of £61,872 means this house is valued at £847 per sq meter (£78 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 |