£105,765
This estimated value is based upon the latest sale price for the house of £62,500 on 27 Nov 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Gregson Terrace
More crime details
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| Price Paid | Date |
|---|---|
| £62,500 | 27 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2012 the House Price Index for COUNTY DURHAM was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £62,500 results in an estimated price of approximately £105,765.
| 27 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £62,500 | £43,265 | £105,765 |
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 | 22.883 % | £14,301 | £76,801 |
| 3 Month Average | -2.095 % | £-1,309 | £61,190 |
| 6 Month Average | 10.773 % | £6,732 | £69,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £298,211 | £295,000 | 29 LEECHMERE CRESCENT |
| 4 Apr 2023 | £90,980 | £90,000 | 41 GREGSON TERRACE |
| 1 Feb 2023 | £79,946 | £80,000 | 6 PARK VIEW |
| 31 May 2022 | £92,748 | £91,000 | 17 BYRON TERRACE |
| 6 May 2022 | £77,460 | £76,000 | 36 GREGSON TERRACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 May 2013. Using an estimated price of £105,766 means this house is valued at £1,201 per sq meter (£111 per sq foot).
The average size of a house on BYRON TERRACE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Gregson Terrace |
| Feb 2024 | Other crime | Under investigation | On or near Gregson Terrace |
| Feb 2024 | Other crime | Under investigation | On or near Gregson Terrace |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Gregson Terrace |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregson Terrace |