£186,309
This estimated value is based upon the latest sale price for the house of £100,000 on 20 May 2009. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£100,000 | 20 May 2009 |
Terraced |
Freehold |
Floor Area: 143 sq meters or 1,539 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 May 2009 the House Price Index for COUNTY DURHAM was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £100,000 results in an estimated price of approximately £186,309.
20 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 149.7 | 86.309 % | £100,000 | £86,309 | £186,309 |
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 | -5.856 % | £-5,855 | £94,144 |
3 Month Average | 30.389 % | £30,388 | £130,388 |
6 Month Average | 16.405 % | £16,405 | £116,405 |
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 143 sq meters or 1,539 sq feet when measured on 6 Jul 2021. Using an estimated price of £186,309 means this house is valued at £1,302 per sq meter (£121 per sq foot).
The average size of a house on GREATHEAD CRESCENT is 103 sq meters (1,115 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 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 |