£277,492
This estimated value is based upon the latest sale price for the house of £174,995 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£174,995 | 28 Mar 2014 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 March 2014 the House Price Index for COUNTY DURHAM was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £174,995 results in an estimated price of approximately £277,492.
28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £174,995 | £102,497 | £277,492 |
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 | 50.005 % | £87,506 | £262,501 |
3 Month Average | 6.171 % | £10,798 | £185,793 |
6 Month Average | -7.072 % | £-12,376 | £162,618 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Mar 2023 | £208,482 | £205,000 | 18 RIPLEY CLOSE |
20 Jan 2023 | £223,597 | £223,000 | 70 LOTHERTON DRIVE |
28 Sep 2022 | £129,913 | £130,000 | 7 MORGAN DRIVE |
19 Aug 2022 | £160,752 | £160,000 | 34 MORGAN DRIVE |
19 Nov 2021 | £98,057 | £90,000 | 38 MORGAN DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 11 Oct 2012. Using an estimated price of £277,492 means this house is valued at £2,920 per sq meter (£271 per sq foot).
The average size of a house on GREYSTOKE WALK is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Marske Way | |
Jun 2024 | Anti-social behaviour | On or near Marske Way | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ripley Close |
Apr 2024 | Anti-social behaviour | On or near Ripley Close | |
Apr 2024 | Anti-social behaviour | On or near Ripley Close |