£39,537
This estimated value is based upon the latest sale price for the house of £32,500 on 8 Oct 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £32,500 | 8 Oct 2018 |
| £19,500 | 15 May 2003 |
| £12,500 | 13 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 341 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 October 2018 the House Price Index for DURHAM was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £32,500 results in an estimated price of approximately £39,537.
| 8 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.655 % | £32,500 | £7,037 | £39,537 |
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 | 27.160 % | £8,826 | £41,326 |
| 3 Month Average | 9.919 % | £3,223 | £35,723 |
| 6 Month Average | 20.383 % | £6,624 | £39,124 |
This house has a floor area of 31 sq meters or 341 sq feet when measured on 8 Mar 2011.
The average size of a house on GREENWAYS is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenmore |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Glenmore |
| Mar 2024 | Anti-social behaviour | On or near Greencroft Road | |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Greencroft Road |
| Mar 2024 | Other crime | Under investigation | On or near Lumley Drive |