£60,305
This estimated value is based upon the latest sale price for the house of £59,250 on 8 Dec 2023. 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 Garside Grove
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| Price Paid | Date |
|---|---|
| £59,250 | 8 Dec 2023 |
| £50,500 | 10 May 2010 |
| £12,000 | 26 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2023 the House Price Index for COUNTY DURHAM was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £59,250 results in an estimated price of approximately £60,305.
| 8 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £59,250 | £1,055 | £60,305 |
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 | 53.969 % | £31,976 | £91,226 |
| 3 Month Average | -4.667 % | £-2,765 | £56,484 |
| 6 Month Average | 2.378 % | £1,409 | £60,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £60,305 | £59,250 | 130 WESTMORLAND RISE |
| 10 Jan 2023 | £49,766 | £50,000 | 41 WESTMORLAND RISE |
| 18 Nov 2022 | £172,906 | £175,000 | 111 WESTMORLAND RISE |
| 5 Aug 2022 | £66,820 | £67,000 | 55 LANCASTER HILL |
| 8 Jul 2022 | £66,178 | £66,000 | 127 WESTMORLAND RISE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 30 Mar 2015. Using an estimated price of £60,305 means this house is valued at £942 per sq meter (£87 per sq foot).
The average size of a house on WESTMORLAND RISE is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Garside Grove | |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Garside Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Garside Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garside Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Garside Grove |