£202,230
This estimated value is based upon the latest sale price for the house of £127,950 on 3 Aug 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£127,950 | 3 Aug 2007 |
£111,995 | 14 Dec 2006 |
Semi-Detached |
Freehold |
Floor Area: 56 sq meters or 605 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 August 2007 the House Price Index for DURHAM was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £127,950 results in an estimated price of approximately £202,230.
3 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 149.7 | 58.054 % | £127,950 | £74,280 | £202,230 |
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 | -40.889 % | £-52,317 | £75,632 |
3 Month Average | -19.375 % | £-24,789 | £103,160 |
6 Month Average | -10.300 % | £-13,178 | £114,771 |
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 |
22 Jul 2022 | £116,467 | £115,300 | 61 DENE WAY |
14 Apr 2022 | £165,988 | £160,000 | 15 GOSWICK WAY |
25 Feb 2022 | £470,123 | £445,000 | 5 BOULMER LEA |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 8 Sep 2011. Using an estimated price of £202,231 means this house is valued at £3,595 per sq meter (£334 per sq foot).
The average size of a house on GOSWICK WAY is 76 sq meters (820 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (605 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Goswick Way |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goswick Way |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Goswick Way |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Boulmer Lea |
Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Souter Drive |