£186,941
This estimated value is based upon the latest sale price for the house of £152,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £152,000 | 21 Sep 2018 |
| £152,995 | 2 May 2007 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 September 2018 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £152,000 results in an estimated price of approximately £186,941.
| 21 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £152,000 | £34,941 | £186,941 |
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 | -17.737 % | £-26,960 | £125,039 |
| 3 Month Average | -12.137 % | £-18,447 | £133,552 |
| 6 Month Average | 8.407 % | £12,779 | £164,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £65,845 | £65,000 | 12 WEAR TERRACE |
| 5 Jul 2023 | £102,974 | £102,000 | 6 WEAR TERRACE |
| 16 Jun 2023 | £120,981 | £120,000 | 41 HOLM HILL GARDENS |
| 3 Mar 2023 | £108,587 | £108,000 | 21 HOLM HILL GARDENS |
| 1 Sep 2022 | £123,498 | £125,000 | 3 HOLM HILL GARDENS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 23 Jun 2009. Using an estimated price of £186,942 means this house is valued at £1,888 per sq meter (£175 per sq foot).
The average size of a house on HOLM HILL GARDENS is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holm Hill Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holm Hill Gardens |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oswald Terrace |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oswald Terrace |
| Apr 2024 | Anti-social behaviour | On or near Oswald Terrace |