£190,561
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Grange Avenue
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| Price Paid | Date |
|---|---|
| £120,000 | 27 Jul 2007 |
| £44,950 | 17 Aug 2001 |
| 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 July 2007 the House Price Index for DURHAM was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £120,000 results in an estimated price of approximately £190,561.
| 27 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £120,000 | £70,561 | £190,561 |
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 | -33.079 % | £-39,694 | £80,305 |
| 3 Month Average | -25.330 % | £-30,395 | £89,604 |
| 6 Month Average | -20.349 % | £-24,418 | £95,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £213,614 | £207,050 | 17 WHITEHOUSE COURT |
| 23 Jun 2023 | £55,104 | £54,000 | 5 CARLTON TERRACE |
| 22 Jun 2023 | £87,758 | £85,999 | 33 NORTH CRESCENT |
| 16 Jun 2023 | £79,595 | £78,000 | 6 CARLTON TERRACE |
| 6 Jun 2023 | £51,022 | £50,000 | 24 NORTH CRESCENT |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 May 2013. Using an estimated price of £190,561 means this house is valued at £2,540 per sq meter (£236 per sq foot).
The average size of a house on WASHINGTON SQUARE is 124 sq meters (1,340 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Grange Avenue | |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Grange Avenue |
| May 2024 | Anti-social behaviour | On or near Grange Avenue | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Avenue |