£318,086
This estimated value is based upon the latest sale price for the house of £260,000 on 13 Jul 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £260,000 | 13 Jul 2018 |
| £109,500 | 19 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £260,000 results in an estimated price of approximately £318,086.
| 13 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £260,000 | £58,086 | £318,086 |
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 | -20.885 % | £-54,301 | £205,698 |
| 3 Month Average | 6.043 % | £15,712 | £275,712 |
| 6 Month Average | 13.443 % | £34,951 | £294,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £159,142 | £157,000 | 29 BEWLEY GROVE |
| 21 Jul 2022 | £215,580 | £215,000 | 3 MILLOM COURT |
| 10 Jun 2022 | £268,799 | £265,000 | 40 BALMORAL DRIVE |
| 10 Sep 2021 | £272,092 | £252,500 | 27 BALMORAL DRIVE |
| 26 Jun 2020 | £208,900 | £172,500 | 42 BALMORAL DRIVE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 14 Nov 2016.
The average size of a house on JOYCE GROVE is 110 sq meters (1,191 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Shadforth Close |