£205,209
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £200,000 | 24 Nov 2023 |
| £134,000 | 12 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2023 the House Price Index for DURHAM was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £200,000 results in an estimated price of approximately £205,209.
| 24 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £200,000 | £5,209 | £205,209 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 16.429 % | £32,857 | £232,857 |
| 3 Month Average | 6.947 % | £13,893 | £213,893 |
| 6 Month Average | -5.197 % | £-10,394 | £189,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £243,745 | £240,000 | 75 HOLWICK CLOSE |
| 24 Nov 2023 | £205,209 | £200,000 | 6 GRASSHOLME CLOSE |
| 12 Oct 2023 | £286,507 | £280,000 | 3 HOLWICK CLOSE |
| 4 Aug 2023 | £235,243 | £231,000 | 14 GRASSHOLME CLOSE |
| 30 Jun 2023 | £291,849 | £286,000 | 48 HOLWICK CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Aug 2020. Using an estimated price of £205,209 means this house is valued at £2,206 per sq meter (£204 per sq foot).
The average size of a house on GRASSHOLME CLOSE is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Grassholme Close |
| Jul 2024 | Public order | Under investigation | On or near Grassholme Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotherstone Close |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Cotherstone Close |
| Jun 2024 | Other crime | Under investigation | On or near Mickleton Close |