£327,076
This estimated value is based upon the latest sale price for the house of £265,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £265,000 | 27 Jul 2018 |
| £232,000 | 13 Nov 2015 |
| £118,000 | 11 Dec 2000 |
| £112,000 | 28 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 July 2018 the House Price Index for DURHAM was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £265,000 results in an estimated price of approximately £327,076.
| 27 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £265,000 | £62,076 | £327,076 |
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 | -26.810 % | £-71,046 | £193,953 |
| 3 Month Average | 0.873 % | £2,312 | £267,312 |
| 6 Month Average | 7.856 % | £20,818 | £285,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £142,876 | £145,000 | 7 BROUGHAM COURT |
| 18 Aug 2022 | £230,940 | £232,500 | 2 CORBY GROVE |
| 30 May 2022 | £206,063 | £203,000 | 19 CORBY GROVE |
| 24 Feb 2022 | £208,892 | £200,000 | 12 BROUGHAM COURT |
| 14 Jan 2022 | £152,507 | £145,500 | 9 CORBY GROVE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 16 Mar 2015. Using an estimated price of £327,077 means this house is valued at £2,240 per sq meter (£208 per sq foot).
The average size of a house on EGREMONT GROVE is 137 sq meters (1,481 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Brougham Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Drive |
| Apr 2024 | Anti-social behaviour | On or near Bewley Grove | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Shadforth Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shadforth Close |