£141,022
This estimated value is based upon the latest sale price for the house of £30,450 on 30 Oct 1998. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £30,450 | 30 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 1998 the House Price Index for DURHAM was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £30,450 results in an estimated price of approximately £141,022.
| 30 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £30,450 | £110,572 | £141,022 |
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 | 62.424 % | £19,008 | £49,458 |
| 3 Month Average | 96.922 % | £29,512 | £59,962 |
| 6 Month Average | 118.089 % | £35,958 | £66,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £154,475 | £152,500 | 48 LAKEMORE |
| 28 Feb 2023 | £89,939 | £90,000 | 11 LAKEMORE |
| 28 Feb 2023 | £89,939 | £90,000 | 41 LAKEMORE |
| 31 Jan 2023 | £91,569 | £92,000 | 95 CHRISTCHURCH PLACE |
| 29 Apr 2022 | £108,129 | £105,000 | 37 CHRISTCHURCH PLACE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Nov 2015. Using an estimated price of £141,022 means this house is valued at £1,807 per sq meter (£167 per sq foot).
The average size of a house on GRAMPIAN DRIVE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hulme Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hulme Court |
| Feb 2024 | Anti-social behaviour | On or near Isis Road | |
| Feb 2024 | Anti-social behaviour | On or near Isis Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Isis Road |