£86,124
This estimated value is based upon the latest sale price for the house of £82,500 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £82,500 | 25 Mar 2022 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 March 2022 the House Price Index for DURHAM was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £82,500 results in an estimated price of approximately £86,124.
| 25 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £82,500 | £3,624 | £86,124 |
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 | -31.902 % | £-26,318 | £56,181 |
| 3 Month Average | 2.621 % | £2,162 | £84,662 |
| 6 Month Average | 7.098 % | £5,855 | £88,355 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £162,410 | £161,000 | 12 MILL ROAD |
| 1 Mar 2024 | £121,872 | £120,000 | 13 GREGSON TERRACE |
| 27 Oct 2023 | £97,157 | £94,950 | 34 GREGSON TERRACE |
| 20 Oct 2023 | £158,602 | £155,000 | 1 CUTTING STREET |
| 6 Oct 2023 | £78,278 | £76,500 | 21 BYRON TERRACE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 14 Mar 2016. Using an estimated price of £86,124 means this house is valued at £1,037 per sq meter (£96 per sq foot).
The average size of a house on GREGSON TERRACE WEST is 138 sq meters (1,488 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rutherford Avenue |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Rutherford Avenue |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Rutherford Avenue |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rutherford Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gregson Terrace |