£756,522
This estimated value is based upon the latest sale price for the house of £457,500 on 23 Aug 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Newbiggin Lane
More crime details
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| Price Paid | Date |
|---|---|
| £457,500 | 23 Aug 2013 |
| £250,000 | 26 May 2000 |
| Detached |
| Freehold |
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 August 2013 the House Price Index for COUNTY DURHAM was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £457,500 results in an estimated price of approximately £756,522.
| 23 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £457,500 | £299,022 | £756,522 |
The Postcode Pricing Model uses changes in average sales price within the DL2 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 | 28.531 % | £130,529 | £588,029 |
| 3 Month Average | 29.499 % | £134,956 | £592,456 |
| 6 Month Average | 42.159 % | £192,876 | £650,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £1,264,724 | £1,246,000 | UPLANDS |
| 4 Aug 2023 | £94,830 | £94,000 | 5 WEST VIEW |
| 22 Jul 2022 | £701,889 | £700,000 | THE METHODIST CHAPEL HOUGHTON BANK |
| 11 Mar 2022 | £435,230 | £420,000 | BRACKENBURY HOUSE BILDERSHAW |
| 10 Feb 2022 | £688,992 | £657,000 | THE MILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Newbiggin Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Corner Bank Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corner Bank Lane |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Corner Bank Lane |