£84,908
This estimated value is based upon the latest sale price for the house of £69,000 on 22 Aug 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Tees Crescent
More crime details
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| Price Paid | Date |
|---|---|
| £69,000 | 22 Aug 2019 |
| £31,000 | 15 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 805 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 August 2019 the House Price Index for DURHAM was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £69,000 results in an estimated price of approximately £84,908.
| 22 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £69,000 | £15,908 | £84,908 |
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 | -29.563 % | £-20,398 | £48,601 |
| 3 Month Average | -10.647 % | £-7,346 | £61,653 |
| 6 Month Average | -6.055 % | £-4,177 | £64,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £91,603 | £90,000 | 125 WOOD VUE |
| 7 Jul 2023 | £141,859 | £139,950 | 94 WOOD VUE |
| 28 Apr 2023 | £121,306 | £120,000 | 86 WOOD VUE |
| 27 Apr 2023 | £75,816 | £75,000 | 30 TEES CRESCENT |
| 1 Feb 2023 | £114,923 | £115,000 | 47 DURHAM ROAD |
This house has a floor area of 74 sq meters or 805 sq feet when measured on 18 Mar 2011. Using an estimated price of £84,909 means this house is valued at £1,134 per sq meter (£105 per sq foot).
The average size of a house on TEES CRESCENT is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Tees Crescent |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Tees Crescent |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Crescent |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Tyne Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Crescent |