£379,461
This estimated value is based upon the latest sale price for the house of £300,000 on 19 Jun 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £300,000 | 19 Jun 2017 |
| £114,000 | 28 May 1996 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,446 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 June 2017 the House Price Index for DURHAM was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £300,000 results in an estimated price of approximately £379,461.
| 19 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 146.7 | 26.487 % | £300,000 | £79,461 | £379,461 |
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 | -14.715 % | £-44,144 | £255,855 |
| 3 Month Average | 23.645 % | £70,936 | £370,936 |
| 6 Month Average | 19.182 % | £57,544 | £357,544 |
This house has a floor area of 134 sq meters or 1,446 sq feet when measured on 14 Mar 2011.
The average size of a house on GILL CROFT is 130 sq meters (1,404 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,446 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Banks Holt | |
| Jan 2024 | Anti-social behaviour | On or near Banks Holt | |
| Jan 2024 | Anti-social behaviour | On or near Banks Holt | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Netherton Close |
| Dec 2023 | Other theft | Under investigation | On or near Netherton Close |