£61,352
This estimated value is based upon the latest sale price for the house of £60,000 on 7 Sep 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 7 Sep 2023 |
| £35,000 | 1 Sep 2016 |
| £55,000 | 3 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 719 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 2023 the House Price Index for DURHAM was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £60,000 results in an estimated price of approximately £61,352.
| 7 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £60,000 | £1,352 | £61,352 |
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 | 59.418 % | £35,651 | £95,651 |
| 3 Month Average | -8.842 % | £-5,305 | £54,694 |
| 6 Month Average | -6.439 % | £-3,863 | £56,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £76,953 | £75,000 | 5 DUNELM WALK |
| 6 Nov 2023 | £51,302 | £50,000 | 5 ACRE RIGG ROAD |
| 7 Sep 2023 | £61,352 | £60,000 | 63 BASINGSTOKE ROAD |
| 16 Jun 2023 | £83,677 | £82,000 | 29 BEVERLEY WAY |
| 14 Apr 2023 | £69,806 | £68,500 | 26 DUNELM WALK |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 13 Dec 2011. Using an estimated price of £61,352 means this house is valued at £918 per sq meter (£85 per sq foot).
The average size of a house on BASINGSTOKE ROAD is 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Basingstoke Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Basingstoke Road |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Basingstoke Road |
| May 2024 | Anti-social behaviour | On or near Basingstoke Road | |
| May 2024 | Anti-social behaviour | On or near Basingstoke Road |