£302,136
This estimated value is based upon the latest sale price for the house of £178,000 on 22 Apr 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £178,000 | 22 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,041 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 April 2010 the House Price Index for COUNTY DURHAM was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £178,000 results in an estimated price of approximately £302,136.
| 22 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £178,000 | £124,136 | £302,136 |
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 | -22.423 % | £-39,913 | £138,086 |
| 3 Month Average | -15.844 % | £-28,203 | £149,796 |
| 6 Month Average | -15.360 % | £-27,340 | £150,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £228,330 | £224,950 | 20 THE COPPICE |
| 2 Nov 2023 | £53,796 | £53,000 | 14 RYDAL MOUNT |
| 21 Aug 2023 | £191,677 | £190,000 | 6 THE COPPICE |
| 6 Apr 2023 | £88,958 | £88,000 | 7 RYDAL MOUNT |
| 10 Mar 2023 | £55,523 | £55,000 | 3 GLENHURST ROAD |
This house has a floor area of 96 sq meters or 1,041 sq feet when measured on 9 Feb 2010. Using an estimated price of £302,136 means this house is valued at £3,121 per sq meter (£289 per sq foot).
The average size of a house on PARADISE CRESCENT is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glenhurst Road |
| Feb 2024 | Anti-social behaviour | On or near Glenhurst Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenhurst Road |
| Feb 2024 | Anti-social behaviour | On or near Glenhurst Road | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rydal Mount |