£81,736
This estimated value is based upon the latest sale price for the house of £65,000 on 25 Apr 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £65,000 | 25 Apr 2018 |
| £64,000 | 17 Aug 2012 |
| £49,950 | 14 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 745 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 2018 the House Price Index for COUNTY DURHAM was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £65,000 results in an estimated price of approximately £81,736.
| 25 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £65,000 | £16,736 | £81,736 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 24.771 % | £16,101 | £81,101 |
| 3 Month Average | -1.378 % | £-895 | £64,104 |
| 6 Month Average | 2.328 % | £1,513 | £66,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £60,000 | £60,000 | 1 DELAVALE CLOSE |
| 20 May 2024 | £80,000 | £80,000 | 9 LEAZES RISE |
| 21 Mar 2024 | £39,609 | £39,000 | 42 BRAITHWAITE ROAD |
| 21 Mar 2024 | £46,718 | £46,000 | 47 BRAITHWAITE ROAD |
| 10 Nov 2023 | £51,302 | £50,000 | 8 LEAZES RISE |
This house has a floor area of 69 sq meters or 745 sq feet when measured on 26 Jul 2011. Using an estimated price of £81,737 means this house is valued at £1,179 per sq meter (£109 per sq foot).
The average size of a house on ELM TREE GARDENS is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delavale Close |
| Jul 2024 | Anti-social behaviour | On or near Delavale Close | |
| Jul 2024 | Anti-social behaviour | On or near Delavale Close | |
| Jul 2024 | Possession of weapons | Under investigation | On or near Delavale Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delavale Close |