£177,993
This estimated value is based upon the latest sale price for the house of £173,000 on 17 Jul 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£173,000 | 17 Jul 2023 |
£107,500 | 10 Jan 2003 |
£84,500 | 28 Jan 2000 |
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 2023 the House Price Index for DURHAM was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £173,000 results in an estimated price of approximately £177,993.
17 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £173,000 | £4,993 | £177,993 |
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 | -17.887 % | £-30,943 | £142,056 |
3 Month Average | -10.605 % | £-18,347 | £154,652 |
6 Month Average | -6.246 % | £-10,805 | £162,194 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £182,809 | £180,000 | 8 CHILLINGHAM GROVE |
8 Dec 2023 | £242,450 | £235,000 | 5 CHILLINGHAM GROVE |
10 Jun 2022 | £270,788 | £265,000 | 40 BALMORAL DRIVE |
19 Nov 2021 | £196,059 | £179,950 | 11 CHILLINGHAM GROVE |
10 Sep 2021 | £274,106 | £252,500 | 27 BALMORAL DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 21 Sep 2016.
The average size of a house on BALMORAL DRIVE is 106 sq meters (1,144 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Local resolution | On or near Donerston Grove |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Egremont Grove |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bewley Grove |
Apr 2024 | Anti-social behaviour | On or near Bewley Grove | |
Apr 2024 | Anti-social behaviour | On or near Bewley Grove |