£133,277
This estimated value is based upon the latest sale price for the house of £75,000 on 3 Feb 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £75,000 | 3 Feb 2006 |
| £25,500 | 24 Nov 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2006 the House Price Index for DURHAM was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £75,000 results in an estimated price of approximately £133,277.
| 3 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £75,000 | £58,277 | £133,277 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 29.522 % | £22,141 | £97,141 |
| 3 Month Average | 14.681 % | £11,010 | £86,010 |
| 6 Month Average | 20.577 % | £15,432 | £90,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £48,148 | £47,500 | 28 GILL CRESCENT NORTH |
| 20 Jun 2023 | £40,490 | £40,000 | 16 GILL CRESCENT SOUTH |
| 7 Feb 2023 | £68,954 | £69,000 | 16 SYDNEY STREET |
| 14 Nov 2022 | £66,198 | £67,000 | 1 MAPLEWOOD STREET |
| 24 Oct 2022 | £64,308 | £65,000 | 11 SYDNEY STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Nov 2021. Using an estimated price of £133,277 means this house is valued at £1,514 per sq meter (£140 per sq foot).
The average size of a house on GILL CRESCENT SOUTH is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sydney Street |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Sydney Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sydney Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sydney Street |
| Mar 2024 | Anti-social behaviour | On or near Sydney Street |