£276,781
This estimated value is based upon the latest sale price for the house of £98,825 on 22 Jul 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£98,825 | 22 Jul 2002 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 2002 the House Price Index for DURHAM was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £98,825 results in an estimated price of approximately £276,781.
22 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £98,825 | £177,956 | £276,781 |
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 | 43.224 % | £42,716 | £141,541 |
3 Month Average | 63.456 % | £62,710 | £161,535 |
6 Month Average | 81.157 % | £80,203 | £179,028 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £239,185 | £235,000 | 5 CHILLINGHAM GROVE |
17 Jul 2023 | £175,360 | £173,000 | 52 BALMORAL DRIVE |
14 Jul 2023 | £709,550 | £700,000 | CHESTNUT GROVE THE VILLAGE |
21 Mar 2023 | £272,568 | £270,000 | 11 THE VILLAGE |
10 Jun 2022 | £268,799 | £265,000 | 40 BALMORAL DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 21 Sep 2016. Using an estimated price of £276,781 means this house is valued at £3,109 per sq meter (£288 per sq foot).
The average size of a house on LANGLEY GROVE is 129 sq meters (1,388 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Drive |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Shadforth Close |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shadforth Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shadforth Close |
Apr 2024 | Anti-social behaviour | On or near Bewley Grove |