£129,651
This estimated value is based upon the latest sale price for the house of £130,000 on 26 Aug 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 26 Aug 2022 |
| £89,950 | 11 Jun 2004 |
| £51,000 | 30 Jan 2003 |
| £40,000 | 9 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2022 the House Price Index for DURHAM was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £130,000 results in an estimated price of approximately £129,651.
| 26 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £130,000 | £-348 | £129,651 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -8.174 % | £-10,625 | £119,374 |
| 3 Month Average | -13.477 % | £-17,520 | £112,479 |
| 6 Month Average | -1.745 % | £-2,267 | £127,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £131,684 | £130,000 | 30 CHAPEL DRIVE |
| 28 Jul 2023 | £309,161 | £305,000 | THE GARTH DELVES LANE |
| 4 Apr 2023 | £50,544 | £50,000 | 20 LAMBTON AVENUE |
| 3 Mar 2023 | £69,656 | £69,000 | 8 SHAFTO CLOSE |
| 3 Oct 2022 | £74,152 | £74,950 | 10 SHAFTO CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 9 Jan 2015. Using an estimated price of £129,651 means this house is valued at £1,581 per sq meter (£146 per sq foot).
The average size of a house on SYDNEY GARDENS is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Chapel Drive |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chapel Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapel Drive |
| Mar 2024 | Anti-social behaviour | On or near Chapel Drive | |
| Mar 2024 | Anti-social behaviour | On or near Chapel Drive |