£402,895
This estimated value is based upon the latest sale price for the house of £71,500 on 9 Jun 1995. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £71,500 | 9 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 June 1995 the House Price Index for DURHAM was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.491%.Applying this 463.491% change to the original purchase price of £71,500 results in an estimated price of approximately £402,895.
| 9 Jun 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.491 % | £71,500 | £331,395 | £402,895 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 209.521 % | £149,807 | £221,307 |
| 3 Month Average | 252.377 % | £180,449 | £251,949 |
| 6 Month Average | 262.235 % | £187,498 | £258,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £218,231 | £215,000 | 17 MONUMENT COURT |
| 28 Nov 2023 | £213,156 | £210,000 | 30 MONUMENT COURT |
| 14 Aug 2023 | £198,739 | £197,000 | 1 MONUMENT COURT |
| 11 Aug 2023 | £554,854 | £550,000 | CROSS VIEW HOUSE CROSS VIEW LANE |
| 21 Jul 2023 | £948,769 | £936,000 | 5 CROSS VIEW TERRACE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 14 Jul 2014. Using an estimated price of £402,896 means this house is valued at £3,629 per sq meter (£337 per sq foot).
The average size of a house on GEOFFREY AVENUE is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Geoffrey Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross View Terrace |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Relly Path |
| Dec 2023 | Anti-social behaviour | On or near Cross View Lane | |
| Dec 2023 | Anti-social behaviour | On or near Cross View Lane |