£70,613
This estimated value is based upon the latest sale price for the house of £70,000 on 5 Apr 2024. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 5 Apr 2024 |
| £69,995 | 28 Oct 2015 |
| £67,000 | 5 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2024 the House Price Index for 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 £70,000 results in an estimated price of approximately £70,613.
| 5 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £70,000 | £613 | £70,613 |
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 | 2.385 % | £1,669 | £71,669 |
| 3 Month Average | 8.702 % | £6,091 | £76,091 |
| 6 Month Average | 1.984 % | £1,388 | £71,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £52,617 | £51,000 | 12 ESKDALE WALK |
| 22 Sep 2023 | £54,195 | £53,000 | 23 DUDDON CLOSE |
| 1 Sep 2023 | £53,581 | £52,400 | 26 GRISEDALE ROAD |
| 7 Mar 2023 | £71,189 | £70,000 | 43 GRISEDALE ROAD |
| 31 Aug 2022 | £65,305 | £65,000 | 15 SCARFELL CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Dec 2014.
The average size of a house on GRISEDALE ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Grisedale Road | |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grisedale Road |
| May 2024 | Anti-social behaviour | On or near Grisedale Road | |
| May 2024 | Anti-social behaviour | On or near Grisedale Road | |
| May 2024 | Anti-social behaviour | On or near Grisedale Road |