£161,290
This estimated value is based upon the latest sale price for the house of £127,000 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £127,000 | 3 Nov 2017 |
| £92,500 | 10 Mar 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 November 2017 the House Price Index for COUNTY DURHAM was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £127,000 results in an estimated price of approximately £161,290.
| 3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £127,000 | £34,290 | £161,290 |
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 | 158.558 % | £201,368 | £328,368 |
| 3 Month Average | 52.713 % | £66,945 | £193,945 |
| 6 Month Average | 8.246 % | £10,471 | £137,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £107,000 | £107,000 | 24 TROUTBECK CLOSE |
| 8 Nov 2023 | £87,214 | £85,000 | 6 TROUTBECK CLOSE |
| 20 Oct 2023 | £108,719 | £106,250 | 15 TROUTBECK CLOSE |
| 29 Sep 2023 | £143,156 | £140,000 | 14 TROUTBECK CLOSE |
| 27 Jan 2023 | £176,472 | £176,000 | 29 GRASMERE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Jan 2017. Using an estimated price of £161,290 means this house is valued at £2,304 per sq meter (£214 per sq foot).
The average size of a house on GRASMERE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Grasmere |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenmere |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Carr Lane |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Carr Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Carr Lane |