£531,111
This estimated value is based upon the latest sale price for the house of £325,000 on 12 Dec 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £325,000 | 12 Dec 2006 |
| £275,000 | 15 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 December 2006 the House Price Index for DURHAM was 89.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.419%.Applying this 63.419% change to the original purchase price of £325,000 results in an estimated price of approximately £531,111.
| 12 Dec 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 146.7 | 63.419 % | £325,000 | £206,111 | £531,111 |
The Postcode Pricing Model uses changes in average sales price within the DL12 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 | 47.460 % | £154,245 | £479,245 |
| 3 Month Average | 26.088 % | £84,784 | £409,784 |
| 6 Month Average | 31.974 % | £103,913 | £428,913 |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 4 May 2018.
The average size of a house on THE ORCHARD is 253 sq meters (2,723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Galgate |
| Feb 2024 | Drugs | Under investigation | On or near Galgate |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Galgate |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galgate |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Galgate |