£110,963
This estimated value is based upon the latest sale price for the house of £71,000 on 22 Nov 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Sydney Street
More crime details
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Price Paid | Date |
---|---|
£71,000 | 22 Nov 2007 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 November 2007 the House Price Index for DURHAM was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £71,000 results in an estimated price of approximately £110,963.
22 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 149.7 | 56.287 % | £71,000 | £39,963 | £110,963 |
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 | -35.216 % | £-25,003 | £45,996 |
3 Month Average | -6.159 % | £-4,372 | £66,627 |
6 Month Average | -5.625 % | £-3,993 | £67,006 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £38,593 | £38,000 | 8 GILL CRESCENT SOUTH |
2 Oct 2023 | £50,139 | £49,000 | 29 GILL CRESCENT SOUTH |
20 Jun 2023 | £40,818 | £40,000 | 16 GILL CRESCENT SOUTH |
7 Feb 2023 | £69,464 | £69,000 | 16 SYDNEY STREET |
14 Nov 2022 | £66,688 | £67,000 | 1 MAPLEWOOD STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Aug 2014. Using an estimated price of £110,964 means this house is valued at £1,193 per sq meter (£110 per sq foot).
The average size of a house on GILL CRESCENT SOUTH is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Unable to prosecute suspect | On or near Sydney Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sydney Street |
Jun 2024 | Anti-social behaviour | On or near Sydney Street | |
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Sydney Street |
Jun 2024 | Anti-social behaviour | On or near Sydney Street |