£178,335
This estimated value is based upon the latest sale price for the house of £175,000 on 25 Apr 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £175,000 | 25 Apr 2023 |
| £129,950 | 16 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,041 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in April 2023 the House Price Index for COUNTY DURHAM was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £175,000 results in an estimated price of approximately £178,335.
| 25 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £175,000 | £3,335 | £178,335 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -7.662 % | £-13,407 | £161,592 |
| 3 Month Average | 10.369 % | £18,146 | £193,146 |
| 6 Month Average | 2.662 % | £4,659 | £179,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £168,500 | £168,500 | 32 MUSGRAVE GARDENS |
| 3 May 2024 | £215,000 | £215,000 | 11 THE MOORLANDS |
| 12 Jun 2023 | £244,908 | £240,000 | 67 MUSGRAVE GARDENS |
| 25 Apr 2023 | £178,336 | £175,000 | 14 MUSGRAVE GARDENS |
| 24 Mar 2023 | £169,836 | £167,000 | 27 ANNAND ROAD |
This house has a floor area of 96 sq meters or 1,041 sq feet when measured on 30 Sep 2011. Using an estimated price of £178,336 means this house is valued at £1,842 per sq meter (£171 per sq foot).
The average size of a house on MUSGRAVE GARDENS is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Musgrave Gardens |
| Oct 2024 | Possession of weapons | Offender given a caution | On or near Annand Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Annand Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Annand Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Annand Road |