£129,049
This estimated value is based upon the latest sale price for the house of £35,000 on 13 Oct 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £35,000 | 13 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 October 2000 the House Price Index for DURHAM was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £35,000 results in an estimated price of approximately £129,049.
| 13 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £35,000 | £94,049 | £129,049 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 102.298 % | £35,804 | £70,804 |
| 3 Month Average | 153.960 % | £53,885 | £88,885 |
| 6 Month Average | 154.279 % | £53,997 | £88,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £60,403 | £60,000 | 57 GRANVILLE AVENUE |
| 20 Jan 2023 | £99,265 | £99,000 | 32 FRONT STREET |
| 19 Aug 2022 | £155,728 | £155,000 | 29A WEST ROAD |
| 20 Jul 2022 | £323,239 | £320,000 | NEWLANDS GRANVILLE AVENUE |
| 28 Apr 2022 | £172,212 | £166,000 | 9 FRONT STREET |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 2 Mar 2017. Using an estimated price of £129,049 means this house is valued at £1,049 per sq meter (£97 per sq foot).
The average size of a house on GRANVILLE AVENUE is 96 sq meters (1,034 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |