£120,130
This estimated value is based upon the latest sale price for the house of £75,000 on 16 May 2008. 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 Bradford Close
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| Price Paid | Date |
|---|---|
| £75,000 | 16 May 2008 |
| £71,500 | 15 Sep 2006 |
| £34,000 | 25 Jun 2004 |
| £31,990 | 8 Dec 1995 |
| Terraced |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 May 2008 the House Price Index for DURHAM was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £75,000 results in an estimated price of approximately £120,130.
| 16 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £75,000 | £45,130 | £120,130 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | -0.335 % | £-250 | £74,749 |
| 3 Month Average | 38.467 % | £28,850 | £103,850 |
| 6 Month Average | 17.462 % | £13,096 | £88,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £140,000 | £140,000 | 32 BEDE CRESCENT |
| 19 Apr 2024 | £65,569 | £65,000 | 15 BEDE CRESCENT |
| 17 Nov 2023 | £82,084 | £80,000 | 6 FINCHALE ROAD |
| 27 Oct 2023 | £66,511 | £65,000 | 27 BEDE CRESCENT |
| 29 Aug 2023 | £117,112 | £115,000 | 10 LEE GREEN |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 22 Jun 2021. Using an estimated price of £120,130 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on GREGORY COURT is 51 sq meters (552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bradford Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bradford Close |
| May 2024 | Criminal damage and arson | Local resolution | On or near Bradford Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Bradford Close |
| Apr 2024 | Public order | Further investigation is not in the public interest | On or near Bradford Close |