£267,225
This estimated value is based upon the latest sale price for the house of £159,995 on 30 Nov 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £159,995 | 30 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2006 the House Price Index for DURHAM was 88.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 67.021%.Applying this 67.021% change to the original purchase price of £159,995 results in an estimated price of approximately £267,225.
| 30 Nov 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.0 | 67.021 % | £159,995 | £107,230 | £267,225 |
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 | -14.501 % | £-23,201 | £136,793 |
| 3 Month Average | -13.880 % | £-22,206 | £137,788 |
| 6 Month Average | -5.959 % | £-9,533 | £150,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £375,096 | £368,000 | 16 CRASTER POINT |
| 7 Jul 2023 | £252,337 | £249,950 | 3 GOSWICK WAY |
| 22 Jul 2022 | £115,144 | £115,300 | 61 DENE WAY |
| 14 Apr 2022 | £164,103 | £160,000 | 15 GOSWICK WAY |
| 25 Feb 2022 | £464,785 | £445,000 | 5 BOULMER LEA |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 1 Apr 2016. Using an estimated price of £267,225 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on GOSWICK WAY is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Goswick Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Goswick Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dene Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beadnell Drive |