£112,962
This estimated value is based upon the latest sale price for the house of £72,000 on 8 Aug 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,000 | 8 Aug 2007 |
| Semi-Detached |
| 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 August 2007 the House Price Index for DURHAM was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £72,000 results in an estimated price of approximately £112,962.
| 8 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £72,000 | £40,962 | £112,962 |
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 | -35.794 % | £-25,771 | £46,228 |
| 3 Month Average | -28.416 % | £-20,459 | £51,540 |
| 6 Month Average | -19.070 % | £-13,730 | £58,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £53,079 | £52,400 | 26 GRISEDALE ROAD |
| 22 Aug 2023 | £78,688 | £78,000 | 14 RYDAL CRESCENT |
| 1 Jun 2023 | £101,225 | £99,999 | 81 CHAPEL HILL ROAD |
| 1 Jun 2023 | £116,409 | £114,999 | 29 RYDAL CRESCENT |
| 7 Mar 2023 | £70,666 | £70,000 | 43 GRISEDALE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 28 Oct 2018. Using an estimated price of £112,963 means this house is valued at £1,591 per sq meter (£147 per sq foot).
The average size of a house on GRISEDALE ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scarfell Close |
| Mar 2024 | Anti-social behaviour | On or near Grisedale Road | |
| Jan 2024 | Anti-social behaviour | On or near Grisedale Road | |
| Jan 2024 | Anti-social behaviour | On or near Grisedale Road | |
| Jan 2024 | Anti-social behaviour | On or near Grisedale Road |