£197,480
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Jul 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £160,000 | 11 Jul 2018 |
| £142,500 | 8 Dec 2006 |
| £57,500 | 5 Jul 1999 |
| £52,500 | 28 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2018 the House Price Index for DURHAM was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £160,000 results in an estimated price of approximately £197,480.
| 11 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £160,000 | £37,480 | £197,480 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -26.810 % | £-42,895 | £117,104 |
| 3 Month Average | 0.873 % | £1,396 | £161,396 |
| 6 Month Average | 7.856 % | £12,569 | £172,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £180,610 | £180,000 | 8 CHILLINGHAM GROVE |
| 8 Dec 2023 | £239,532 | £235,000 | 5 CHILLINGHAM GROVE |
| 18 Aug 2023 | £402,397 | £399,950 | 7 MILLOM COURT |
| 28 Jul 2023 | £168,595 | £167,000 | 17 BUTTERMERE |
| 17 Jul 2023 | £174,652 | £173,000 | 52 BALMORAL DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 May 2018. Using an estimated price of £197,480 means this house is valued at £2,468 per sq meter (£229 per sq foot).
The average size of a house on BUTTERMERE is 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Drive |
| Apr 2024 | Anti-social behaviour | On or near Bewley Grove | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Brougham Court |