£74,014
This estimated value is based upon the latest sale price for the house of £60,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 14 Dec 2018 |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2018 the House Price Index for COUNTY DURHAM was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £60,000 results in an estimated price of approximately £74,014.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £60,000 | £14,014 | £74,014 |
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 | -47.480 % | £-28,488 | £31,511 |
| 3 Month Average | -7.288 % | £-4,372 | £55,627 |
| 6 Month Average | 3.230 % | £1,937 | £61,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £76,000 | £76,000 | 13 HULME COURT |
| 28 Sep 2023 | £114,464 | £113,000 | 79 CHRISTCHURCH PLACE |
| 6 Apr 2023 | £96,034 | £95,000 | 6 LINACRE COURT |
| 31 Jan 2023 | £91,569 | £92,000 | 95 CHRISTCHURCH PLACE |
| 18 Jul 2022 | £78,211 | £78,000 | 17 HULME COURT |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 May 2018. Using an estimated price of £74,015 means this house is valued at £973 per sq meter (£90 per sq foot).
The average size of a house on GRAMPIAN DRIVE is 94 sq meters (1,017 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hulme Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hulme Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hulme Court |
| Dec 2023 | Violence and sexual offences | Further investigation is not in the public interest | On or near Hulme Court |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Hulme Court |