£191,058
This estimated value is based upon the latest sale price for the house of £170,000 on 17 Aug 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £170,000 | 17 Aug 2021 |
| £140,000 | 3 Feb 2012 |
| £162,000 | 24 Jul 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 799 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 August 2021 the House Price Index for COUNTY DURHAM was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £170,000 results in an estimated price of approximately £191,058.
| 17 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £170,000 | £21,058 | £191,058 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | -17.607 % | £-29,932 | £140,067 |
| 3 Month Average | -20.177 % | £-34,300 | £135,699 |
| 6 Month Average | -24.093 % | £-40,958 | £129,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £100,876 | £100,000 | 27 GIBSIDE |
| 8 Sep 2023 | £155,938 | £152,500 | 16 BRINKBURN |
| 17 Feb 2023 | £140,941 | £140,000 | 16 GIBSIDE |
| 27 May 2022 | £241,286 | £235,000 | 2 BRINKBURN |
| 27 May 2022 | £133,477 | £130,000 | 21 GIBSIDE |
This house has a floor area of 74 sq meters or 799 sq feet when measured on 25 Jun 2010. Using an estimated price of £191,059 means this house is valued at £2,571 per sq meter (£238 per sq foot).
The average size of a house on BRINKBURN is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Brinkburn |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brinkburn |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Brinkburn |
| Oct 2024 | Anti-social behaviour | On or near Gibside | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Gibside |