£181,235
This estimated value is based upon the latest sale price for the house of £112,000 on 16 Apr 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£112,000 | 16 Apr 2007 |
£80,000 | 14 Sep 2006 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2007 the House Price Index for DURHAM was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £112,000 results in an estimated price of approximately £181,235.
16 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £112,000 | £69,235 | £181,235 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | -0.048 % | £-53 | £111,946 |
3 Month Average | 27.464 % | £30,759 | £142,759 |
6 Month Average | 11.338 % | £12,698 | £124,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £126,095 | £125,000 | 1 VAN MILDERT ROAD |
1 Dec 2023 | £56,744 | £55,000 | 3 GREATHEAD CRESCENT |
27 Oct 2023 | £99,766 | £97,500 | 83 GREATHEAD CRESCENT |
20 Oct 2023 | £81,859 | £80,000 | 7 WILKINSON ROAD |
19 Sep 2023 | £93,051 | £91,000 | 2 VAN MILDERT ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 1 Oct 2018. Using an estimated price of £181,236 means this house is valued at £1,907 per sq meter (£177 per sq foot).
The average size of a house on GREATHEAD CRESCENT is 103 sq meters (1,115 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Van Mildert Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Van Mildert Road |
Jun 2024 | Anti-social behaviour | On or near Van Mildert Road | |
Jun 2024 | Anti-social behaviour | On or near Van Mildert Road | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilpin Road |