£74,213
This estimated value is based upon the latest sale price for the house of £43,000 on 12 Apr 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Sydney Street
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| Price Paid | Date |
|---|---|
| £43,000 | 12 Apr 2011 |
| £82,000 | 18 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2011 the House Price Index for COUNTY DURHAM was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £43,000 results in an estimated price of approximately £74,213.
| 12 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £43,000 | £31,213 | £74,213 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -25.325 % | £-10,889 | £32,110 |
| 3 Month Average | 5.672 % | £2,438 | £45,438 |
| 6 Month Average | 6.462 % | £2,778 | £45,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £38,593 | £38,000 | 8 GILL CRESCENT SOUTH |
| 2 Oct 2023 | £50,139 | £49,000 | 29 GILL CRESCENT SOUTH |
| 20 Jun 2023 | £40,818 | £40,000 | 16 GILL CRESCENT SOUTH |
| 7 Feb 2023 | £69,464 | £69,000 | 16 SYDNEY STREET |
| 14 Nov 2022 | £66,688 | £67,000 | 1 MAPLEWOOD STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 15 Sep 2015. Using an estimated price of £74,213 means this house is valued at £720 per sq meter (£66 per sq foot).
The average size of a house on GILL CRESCENT NORTH is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sydney Street |
| Jun 2024 | Anti-social behaviour | On or near Sydney Street | |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Sydney Street |
| Jun 2024 | Anti-social behaviour | On or near Sydney Street | |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Sydney Street |