£88,770
This estimated value is based upon the latest sale price for the house of £88,000 on 3 Apr 2024. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £88,000 | 3 Apr 2024 |
| £65,000 | 3 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2024 the House Price Index for COUNTY DURHAM was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £88,000 results in an estimated price of approximately £88,770.
| 3 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £88,000 | £770 | £88,770 |
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 | 37.783 % | £33,249 | £121,249 |
| 3 Month Average | 25.775 % | £22,682 | £110,682 |
| 6 Month Average | -2.859 % | £-2,516 | £85,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £46,683 | £46,683 | 10 STAFFORD PLACE |
| 15 Nov 2023 | £89,266 | £87,000 | 16 STAFFORD PLACE |
| 25 Oct 2023 | £76,743 | £75,000 | 29 WARWICK PLACE |
| 17 Apr 2023 | £76,430 | £75,000 | 8 GLOUCESTER PLACE |
| 13 Feb 2023 | £69,464 | £69,000 | 14 STAFFORD PLACE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 31 Jul 2017.
The average size of a house on GLOUCESTER PLACE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Gloucester Place | |
| Sep 2024 | Anti-social behaviour | On or near Gloucester Place | |
| Sep 2024 | Anti-social behaviour | On or near Gloucester Place | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Place |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Place |