£73,882
This estimated value is based upon the latest sale price for the house of £60,000 on 29 May 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 29 May 2018 |
| £80,000 | 30 May 2007 |
| £36,950 | 12 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 483 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 May 2018 the House Price Index for DURHAM was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £60,000 results in an estimated price of approximately £73,882.
| 29 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £60,000 | £13,882 | £73,882 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 15.251 % | £9,150 | £69,150 |
| 3 Month Average | 27.084 % | £16,250 | £76,250 |
| 6 Month Average | 17.826 % | £10,695 | £70,695 |
This house has a floor area of 44 sq meters or 483 sq feet when measured on 22 Oct 2008.
The average size of a house on GIBBS COURT is 63 sq meters (683 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vivian Crescent |
| Jan 2024 | Other theft | Under investigation | On or near Vivian Crescent |
| Feb 2024 | Anti-social behaviour | On or near Thomas Street | |
| Feb 2024 | Anti-social behaviour | On or near Thomas Street | |
| Feb 2024 | Other theft | Under investigation | On or near Hemel Street |