£298,975
This estimated value is based upon the latest sale price for the house of £282,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £282,000 | 14 Jan 2022 |
| £50,000 | 28 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 January 2022 the House Price Index for DURHAM was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £282,000 results in an estimated price of approximately £298,975.
| 14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £282,000 | £16,975 | £298,975 |
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 | 72.988 % | £205,826 | £487,826 |
| 3 Month Average | 7.342 % | £20,704 | £302,704 |
| 6 Month Average | -12.825 % | £-36,166 | £245,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £209,023 | £210,000 | 19 HILTON DRIVE |
| 12 Aug 2022 | £146,686 | £146,000 | 37 O'NEILL DRIVE |
| 11 Aug 2022 | £216,010 | £215,000 | 90 O'NEILL DRIVE |
| 4 May 2022 | £263,874 | £257,000 | 8 HILTON DRIVE |
| 7 Apr 2022 | £223,046 | £215,000 | 5 HILTON DRIVE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 13 Jul 2021. Using an estimated price of £298,976 means this house is valued at £2,299 per sq meter (£213 per sq foot).
The average size of a house on BLANCH GROVE is 148 sq meters (1,599 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Hilton Drive |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hilton Drive |
| Oct 2024 | Anti-social behaviour | On or near Hilton Drive | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Hilton Drive |
| Sep 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Hilton Drive |