£121,007
This estimated value is based upon the latest sale price for the house of £78,000 on 14 Nov 2007. 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 Gordon Avenue
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| Price Paid | Date |
|---|---|
| £78,000 | 14 Nov 2007 |
| £69,000 | 30 May 2006 |
| £25,000 | 10 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2007 the House Price Index for DURHAM was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £78,000 results in an estimated price of approximately £121,007.
| 14 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £78,000 | £43,007 | £121,007 |
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 | -35.130 % | £-27,401 | £50,598 |
| 3 Month Average | -30.475 % | £-23,770 | £54,229 |
| 6 Month Average | -24.498 % | £-19,108 | £58,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £49,000 | £49,000 | 1 SUNDERLAND ROAD |
| 13 Dec 2023 | £40,711 | £39,999 | 15 GREENSIDE AVENUE |
| 6 Dec 2023 | £78,371 | £77,000 | 34 GREENSIDE AVENUE |
| 5 Dec 2023 | £50,890 | £50,000 | 2 GREENSIDE AVENUE |
| 3 Nov 2023 | £86,277 | £85,000 | 25 GORDON AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Feb 2014. Using an estimated price of £121,008 means this house is valued at £1,657 per sq meter (£154 per sq foot).
The average size of a house on GORDON AVENUE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gordon Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Gordon Avenue |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Gordon Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hudson Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hudson Avenue |