£322,315
This estimated value is based upon the latest sale price for the house of £260,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £260,000 | 30 Aug 2019 |
| £108,000 | 3 Aug 2015 |
| £118,500 | 30 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 August 2019 the House Price Index for COUNTY DURHAM was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £260,000 results in an estimated price of approximately £322,315.
| 30 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £260,000 | £62,315 | £322,315 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -14.617 % | £-38,004 | £221,995 |
| 3 Month Average | -7.364 % | £-19,146 | £240,853 |
| 6 Month Average | -0.633 % | £-1,644 | £258,355 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £257,926 | £250,000 | SUNNYDALE STOCKTON ROAD |
| 15 Dec 2023 | £123,804 | £120,000 | 5 BURDON CRESCENT |
| 20 Oct 2023 | £158,602 | £155,000 | 1 CUTTING STREET |
| 5 Apr 2023 | £300,623 | £295,000 | 29 LEECHMERE CRESCENT |
| 4 Apr 2023 | £91,715 | £90,000 | 41 GREGSON TERRACE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 8 Oct 2013. Using an estimated price of £322,315 means this house is valued at £3,288 per sq meter (£305 per sq foot).
The average size of a house on GLEBE DRIVE is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Hall Dene Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Burdon Crescent |
| Aug 2024 | Drugs | Under investigation | On or near Burdon Crescent |
| Oct 2024 | Bicycle theft | Under investigation | On or near Chipchase Court |
| Oct 2024 | Bicycle theft | Under investigation | On or near Chipchase Court |