Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
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Property Characteristics
1 LODGE CLOSE is a detached house in ROWLANDS GILL, DURHAM.
First sale date of 2003 suggests this property has been part of the NE39 1HB market for 22 years.
Transaction History
First recorded sale was in 2003 at £245,000, with 1 total transactions recorded over the property's history.
Latest sale occurred on 8 August 2003 for £245,000.
Over 22 years of ownership history, this property has seen 1 ownership changes, averaging approximately 22.0 years between sales.
Since last selling in 2003, the property's estimated value has grown by approximately £1,822,162, representing a 10% annual growth rate over 22.4 years.
Market Position
Ranks below the postcode average, positioned in the 33th percentile (11 of 15 properties) in NE39 1HB.
Priced 32.8% below the NE39 1HB average of £364,396 for all property types.
Current estimated value ranges from £1,860,446 to £2,273,878, with a central estimate of £2,067,162 based on market growth trends.
Comparative Market Analysis
LODGE CLOSE has 15 recorded properties with an average sale price of £364,396. This property is 32.8% below the street average.
Across all property types in NE39 1HB, 2 properties have sold over the past 12 months at an average of £662,500.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| Today's estimated value* | £2,067,162 | 743.7% | - |
| 08/08/2003 | £245,000 | - | detached house |
Market Statistics - NE39 1HB
Property Types
Similar Properties in NE39 1HB
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Data Source & License: Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. For official property records and documentation, please visit HM Land Registry .