£176,725
This estimated value is based upon the latest sale price for the house of £143,000 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £143,000 | 12 Dec 2019 |
| £117,000 | 17 Apr 2014 |
| £112,995 | 1 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 622 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 December 2019 the House Price Index for DURHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £143,000 results in an estimated price of approximately £176,725.
| 12 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £143,000 | £33,725 | £176,725 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 61.902 % | £88,519 | £231,519 |
| 3 Month Average | 25.138 % | £35,947 | £178,947 |
| 6 Month Average | 8.071 % | £11,541 | £154,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £379,666 | £368,000 | 16 CRASTER POINT |
| 19 Oct 2023 | £251,717 | £246,000 | 17 CRASTER POINT |
| 14 Apr 2022 | £165,988 | £160,000 | 15 GOSWICK WAY |
| 25 Feb 2022 | £470,123 | £445,000 | 5 BOULMER LEA |
| 16 Dec 2021 | £560,431 | £519,250 | 19 BOULMER LEA |
This house has a floor area of 57 sq meters or 622 sq feet when measured on 13 Sep 2011. Using an estimated price of £176,726 means this house is valued at £3,057 per sq meter (£284 per sq foot).
The average size of a house on GOSWICK WAY is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Souter Drive |
| Oct 2024 | Criminal damage and arson | Local resolution | On or near Dene Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Dene Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Dene Way |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beadnell Drive |