£99,000
This estimated value is based upon the latest sale price for the house of £79,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £79,000 | 23 Mar 2018 |
| £44,950 | 1 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 March 2018 the House Price Index for DURHAM was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £79,000 results in an estimated price of approximately £99,000.
| 23 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £79,000 | £20,000 | £99,000 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -6.360 % | £-5,024 | £73,975 |
| 3 Month Average | 7.965 % | £6,292 | £85,292 |
| 6 Month Average | -4.068 % | £-3,214 | £75,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £75,971 | £75,000 | 53 DALE ROAD |
| 11 Sep 2023 | £58,751 | £58,000 | 55 DALTON CRESCENT |
| 31 Aug 2023 | £44,388 | £44,000 | 24 SPRUCE COURT |
| 31 Aug 2023 | £75,662 | £75,000 | 1 DALE GROVE |
| 7 Feb 2023 | £37,974 | £38,000 | 4 LAUREL COURT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 19 Jun 2017. Using an estimated price of £99,000 means this house is valued at £1,500 per sq meter (£139 per sq foot).
The average size of a house on DALE GROVE is 109 sq meters (1,183 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |