£377,550
This estimated value is based upon the latest sale price for the house of £305,500 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £305,500 | 13 Dec 2019 |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 December 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £305,500 results in an estimated price of approximately £377,550.
| 13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £305,500 | £72,050 | £377,550 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 61.197 % | £186,957 | £492,457 |
| 3 Month Average | 9.328 % | £28,495 | £333,995 |
| 6 Month Average | 8.807 % | £26,904 | £332,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £257,926 | £250,000 | 1 WEST VIEW |
| 10 Nov 2023 | £194,897 | £189,950 | 83A GILESGATE |
| 15 Aug 2023 | £173,122 | £170,000 | 52 THE SIDINGS |
| 20 Jun 2023 | £25,970,449 | £25,450,000 | WEARDALE BUILDING HOUGHALL COLLEGE |
| 27 Mar 2023 | £192,718 | £189,500 | 39 THE SIDINGS |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 14 Oct 2019. Using an estimated price of £377,551 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on GILESGATE is 131 sq meters (1,412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Robbery | Under investigation | On or near Gilesgate |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gilesgate |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near The Sidings |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Sidings |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Station Lane |