£355,376
This estimated value is based upon the latest sale price for the house of £245,000 on 24 Apr 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £245,000 | 24 Apr 2015 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in April 2015 the House Price Index for COUNTY DURHAM was 101.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.052%.Applying this 45.052% change to the original purchase price of £245,000 results in an estimated price of approximately £355,376.
| 24 Apr 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 146.7 | 45.052 % | £245,000 | £110,376 | £355,376 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -2.565 % | £-6,283 | £238,716 |
| 3 Month Average | 9.044 % | £22,157 | £267,157 |
| 6 Month Average | 15.931 % | £39,030 | £284,030 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 31 Oct 2014.
The average size of a house on GORSEDALE GROVE is 134 sq meters (1,450 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Bishops Close |
| Dec 2023 | Other theft | Under investigation | On or near Ryedale |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near The Links |
| Feb 2024 | Burglary | Under investigation | On or near The Links |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near The Links |