£181,017
This estimated value is based upon the latest sale price for the house of £115,000 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 |
---|---|
£115,000 | 28 Mar 2014 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 581 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 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £115,000 results in an estimated price of approximately £181,017.
28 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £115,000 | £66,017 | £181,017 |
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 | -17.921 % | £-20,608 | £94,391 |
3 Month Average | -14.336 % | £-16,486 | £98,513 |
6 Month Average | -10.921 % | £-12,558 | £102,441 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £86,277 | £85,000 | 6 TROUTBECK CLOSE |
29 Sep 2023 | £141,813 | £140,000 | 14 TROUTBECK CLOSE |
17 Jul 2023 | £171,306 | £169,000 | 101 MAYFIELDS |
14 Jul 2023 | £46,628 | £46,000 | 4 WANSBECK CLOSE |
27 Jan 2023 | £175,175 | £176,000 | 29 GRASMERE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 14 May 2013. Using an estimated price of £181,017 means this house is valued at £3,352 per sq meter (£311 per sq foot).
The average size of a house on GRASMERE is 88 sq meters (953 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Birchmere | |
Feb 2024 | Anti-social behaviour | On or near Birchmere | |
Feb 2024 | Anti-social behaviour | On or near Birchmere | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Glenmere |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttermere |