£89,177
This estimated value is based upon the latest sale price for the house of £75,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £75,000 | 20 Mar 2020 |
| £74,950 | 11 Mar 2009 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 March 2020 the House Price Index for DURHAM was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £75,000 results in an estimated price of approximately £89,177.
| 20 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £75,000 | £14,177 | £89,177 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 418.519 % | £313,888 | £388,888 |
| 3 Month Average | 16.488 % | £12,366 | £87,366 |
| 6 Month Average | 24.043 % | £18,032 | £93,032 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 12 Feb 2019.
The average size of a house on GRAYSON ROAD is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Under investigation | On or near Heather Grove |
| Jan 2024 | Other crime | Under investigation | On or near Heather Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Snowdrop Close |