£275,883
This estimated value is based upon the latest sale price for the house of £172,000 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £172,000 | 22 Nov 2013 |
| £71,500 | 13 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2013 the House Price Index for DURHAM was 91.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.398%.Applying this 60.398% change to the original purchase price of £172,000 results in an estimated price of approximately £275,883.
| 22 Nov 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 146.7 | 60.398 % | £172,000 | £103,883 | £275,883 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | -11.587 % | £-19,929 | £152,070 |
| 3 Month Average | 23.590 % | £40,574 | £212,574 |
| 6 Month Average | 12.986 % | £22,335 | £194,335 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Jun 2013.
The average size of a house on GASKELL WAY is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Larkin Close |
| Mar 2024 | Anti-social behaviour | On or near A689 | |
| Dec 2023 | Criminal damage and arson | Local resolution | On or near Fern Valley |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Valley |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Fern Valley |