£132,829
This estimated value is based upon the latest sale price for the house of £110,000 on 26 May 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £110,000 | 26 May 2020 |
| £98,950 | 18 Aug 2017 |
| £100,000 | 28 Jul 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2020 the House Price Index for DURHAM was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.754%.Applying this 20.754% change to the original purchase price of £110,000 results in an estimated price of approximately £132,829.
| 26 May 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.754 % | £110,000 | £22,829 | £132,829 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 25.615 % | £28,176 | £138,176 |
| 3 Month Average | 1.687 % | £1,855 | £111,855 |
| 6 Month Average | 8.819 % | £9,700 | £119,700 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 9 May 2016.
The average size of a house on JOICEY PLACE is 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellanby Crescent |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Mellanby Crescent |
| Dec 2023 | Criminal damage and arson | Local resolution | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbury Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bulmer Close |