£125,295
This estimated value is based upon the latest sale price for the house of £85,000 on 20 Mar 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £85,000 | 20 Mar 2015 |
| £87,000 | 14 Jul 2006 |
| £66,000 | 27 Jun 2003 |
| £37,750 | 20 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2015 the House Price Index for DURHAM was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £85,000 results in an estimated price of approximately £125,295.
| 20 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £85,000 | £40,295 | £125,295 |
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 | 7.618 % | £6,475 | £91,475 |
| 3 Month Average | -6.804 % | £-5,783 | £79,216 |
| 6 Month Average | -4.837 % | £-4,111 | £80,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £403,480 | £399,950 | 7 MILLOM COURT |
| 7 Jul 2023 | £159,142 | £157,000 | 29 BEWLEY GROVE |
| 1 Feb 2023 | £277,313 | £277,500 | 123 BROUGHAM COURT |
| 21 Jul 2022 | £215,580 | £215,000 | 3 MILLOM COURT |
| 24 Jun 2022 | £280,971 | £277,000 | 20 BEWLEY GROVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 22 May 2014. Using an estimated price of £125,296 means this house is valued at £2,160 per sq meter (£200 per sq foot).
The average size of a house on BEWLEY GROVE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Drive |