£166,985
This estimated value is based upon the latest sale price for the house of £126,850 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £126,850 | 6 Jan 2017 |
| Freehold |
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 January 2017 the House Price Index for COUNTY DURHAM was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £126,850 results in an estimated price of approximately £166,985.
| 6 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £126,850 | £40,135 | £166,985 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -16.799 % | £-21,309 | £105,540 |
| 3 Month Average | 4.897 % | £6,211 | £133,061 |
| 6 Month Average | 18.852 % | £23,913 | £150,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £121,872 | £120,000 | 13 GREGSON TERRACE |
| 15 Dec 2023 | £123,804 | £120,000 | 5 BURDON CRESCENT |
| 27 Oct 2023 | £97,157 | £94,950 | 34 GREGSON TERRACE |
| 20 Oct 2023 | £158,602 | £155,000 | 1 CUTTING STREET |
| 6 Oct 2023 | £78,278 | £76,500 | 21 BYRON TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gregson Terrace |
| Jun 2024 | Anti-social behaviour | On or near Gregson Terrace | |
| Jun 2024 | Public order | Under investigation | On or near Gregson Terrace |
| Jun 2024 | Anti-social behaviour | On or near Gregson Terrace | |
| May 2024 | Public order | Unable to prosecute suspect | On or near Gregson Terrace |