£79,119
This estimated value is based upon the latest sale price for the house of £48,000 on 9 Oct 2013. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £48,000 | 9 Oct 2013 |
| £48,500 | 5 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 October 2013 the House Price Index for DURHAM was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £48,000 results in an estimated price of approximately £79,119.
| 9 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £48,000 | £31,119 | £79,119 |
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 | 37.107 % | £17,811 | £65,811 |
| 3 Month Average | -1.231 % | £-590 | £47,409 |
| 6 Month Average | -6.875 % | £-3,300 | £44,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £40,734 | £39,999 | 30 DURHAM ROAD |
| 4 Aug 2023 | £132,388 | £130,000 | 15 BOWES GROVE |
| 28 Apr 2023 | £163,050 | £160,000 | 127 DURHAM ROAD |
| 1 Feb 2023 | £115,773 | £115,000 | 47 DURHAM ROAD |
| 27 Jan 2023 | £65,174 | £65,000 | 23 DURHAM ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 3 Jul 2013. Using an estimated price of £79,119 means this house is valued at £1,146 per sq meter (£106 per sq foot).
The average size of a house on WOOD VUE is 117 sq meters (1,266 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Formal action is not in the public interest | On or near Sports/Recreation Area |
| Apr 2024 | Anti-social behaviour | On or near Bowes Grove | |
| Apr 2024 | Anti-social behaviour | On or near Bowes Grove | |
| Apr 2024 | Anti-social behaviour | On or near Bowes Grove | |
| Apr 2024 | Anti-social behaviour | On or near Bowes Grove |