£163,868
This estimated value is based upon the latest sale price for the house of £132,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £132,000 | 26 Oct 2018 |
| £135,000 | 29 Jun 2018 |
| £85,000 | 31 Jan 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,006 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in October 2018 the House Price Index for COUNTY DURHAM was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £132,000 results in an estimated price of approximately £163,868.
| 26 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £132,000 | £31,868 | £163,868 |
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 | 2.305 % | £3,042 | £135,042 |
| 3 Month Average | 11.271 % | £14,877 | £146,877 |
| 6 Month Average | 11.007 % | £14,529 | £146,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £84,295 | £83,000 | 10 BURNSIDE AVENUE |
| 18 Mar 2024 | £60,936 | £60,000 | 100 THORNTREE GILL |
| 11 Dec 2023 | £127,931 | £124,000 | 70 THORNTREE GILL |
| 6 Nov 2023 | £55,919 | £54,500 | 29 BURNSIDE AVENUE |
| 22 Sep 2023 | £56,240 | £55,000 | 5 CRESSWELL AVENUE |
This house has a floor area of 93 sq meters or 1,006 sq feet when measured on 9 Jul 2010. Using an estimated price of £163,869 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on THORNTREE GILL is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastfield |
| Jul 2024 | Anti-social behaviour | On or near Eastfield | |
| Jul 2024 | Drugs | Local resolution | On or near Eastfield |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastfield |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eastfield |