£208,726
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Dec 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £125,000 | 12 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 December 2012 the House Price Index for COUNTY DURHAM was 87.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.981%.Applying this 66.981% change to the original purchase price of £125,000 results in an estimated price of approximately £208,726.
| 12 Dec 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 146.7 | 66.981 % | £125,000 | £83,726 | £208,726 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -0.165 % | £-206 | £124,793 |
| 3 Month Average | -23.907 % | £-29,884 | £95,115 |
| 6 Month Average | -4.036 % | £-5,045 | £119,954 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 6 Sep 2012.
The average size of a house on GRASMERE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Birchmere | |
| Feb 2024 | Anti-social behaviour | On or near Birchmere | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buttermere |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttermere |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rievaulx Court |