£247,831
This estimated value is based upon the latest sale price for the house of £172,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £172,000 | 1 May 2015 |
| £174,000 | 29 Jun 2007 |
| £177,950 | 8 Oct 2004 |
| £86,800 | 23 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 May 2015 the House Price Index for DURHAM was 101.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 44.088%.Applying this 44.088% change to the original purchase price of £172,000 results in an estimated price of approximately £247,831.
| 1 May 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 146.7 | 44.088 % | £172,000 | £75,831 | £247,831 |
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 | 2.455 % | £4,223 | £176,223 |
| 3 Month Average | -11.854 % | £-20,388 | £151,611 |
| 6 Month Average | 7.840 % | £13,484 | £185,484 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 8 Jul 2014.
The average size of a house on THORNHILL REACH is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Thornhill Reach | |
| Feb 2024 | Anti-social behaviour | On or near Thornhill Reach | |
| Feb 2024 | Anti-social behaviour | On or near Thornhill Reach | |
| Jan 2024 | Anti-social behaviour | On or near Thornhill Reach | |
| Jan 2024 | Anti-social behaviour | On or near Thornhill Reach |