£162,512
This estimated value is based upon the latest sale price for the house of £54,000 on 26 Apr 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £54,000 | 26 Apr 2002 |
| £52,000 | 29 Jan 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 148 sq meters or 1,593 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 2002 the House Price Index for DURHAM was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £54,000 results in an estimated price of approximately £162,512.
| 26 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £54,000 | £108,512 | £162,512 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | 161.438 % | £87,176 | £141,176 |
| 3 Month Average | 134.984 % | £72,891 | £126,891 |
| 6 Month Average | 126.162 % | £68,127 | £122,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £113,487 | £110,000 | 61 LINBURN DRIVE |
| 10 Mar 2023 | £25,425 | £25,000 | 31 WEARDALE DRIVE |
| 3 Mar 2023 | £64,070 | £63,000 | 45 WEARDALE DRIVE |
| 1 Jul 2022 | £191,923 | £190,000 | 62 LINBURN DRIVE |
| 13 Jun 2022 | £133,861 | £131,000 | 3 FAIRFIELD COURT |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 6 Jan 2015. Using an estimated price of £162,513 means this house is valued at £1,098 per sq meter (£102 per sq foot).
The average size of a house on HORSLEY GROVE is 102 sq meters (1,105 sq feet).
This house is the largest in the street with a floor area of 148 sq meters (1,593 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horsley Grove |
| Sep 2024 | Anti-social behaviour | On or near Horsley Grove | |
| Sep 2024 | Anti-social behaviour | On or near Horsley Grove | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horsley Grove |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Horsley Grove |