£116,897
This estimated value is based upon the latest sale price for the house of £95,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £95,000 | 7 Jun 2019 |
| £77,000 | 20 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 June 2019 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £95,000 results in an estimated price of approximately £116,897.
| 7 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £95,000 | £21,897 | £116,897 |
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 | -47.982 % | £-45,583 | £49,416 |
| 3 Month Average | -12.136 % | £-11,528 | £83,471 |
| 6 Month Average | 0.776 % | £737 | £95,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £85,520 | £85,000 | 42 AMBLESIDE AVENUE |
| 5 Apr 2023 | £297,209 | £295,000 | 29 LEECHMERE CRESCENT |
| 4 Apr 2023 | £90,674 | £90,000 | 41 GREGSON TERRACE |
| 31 May 2022 | £92,373 | £91,000 | 17 BYRON TERRACE |
| 6 May 2022 | £77,147 | £76,000 | 36 GREGSON TERRACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Jul 2016. Using an estimated price of £116,897 means this house is valued at £1,558 per sq meter (£144 per sq foot).
The average size of a house on GREGSON TERRACE is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gregson Terrace |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gregson Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gregson Terrace |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Gregson Terrace |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Gregson Terrace |