£113,558
This estimated value is based upon the latest sale price for the house of £105,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £105,000 | 5 Nov 2021 |
| £70,000 | 26 Aug 2005 |
| £39,950 | 28 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 November 2021 the House Price Index for DURHAM was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £105,000 results in an estimated price of approximately £113,558.
| 5 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £105,000 | £8,558 | £113,558 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -16.709 % | £-17,544 | £87,455 |
| 3 Month Average | -21.299 % | £-22,364 | £82,635 |
| 6 Month Average | -11.616 % | £-12,196 | £92,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £65,977 | £65,000 | 12 WEAR TERRACE |
| 29 Sep 2023 | £153,969 | £152,000 | 27 HOLM HILL GARDENS |
| 5 Jul 2023 | £103,392 | £102,000 | 6 WEAR TERRACE |
| 16 Jun 2023 | £121,471 | £120,000 | 41 HOLM HILL GARDENS |
| 3 Mar 2023 | £109,027 | £108,000 | 21 HOLM HILL GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Dec 2020. Using an estimated price of £113,559 means this house is valued at £1,351 per sq meter (£125 per sq foot).
There is one other house on the street which we know the size of, this is 1 GLEBE CRESCENT it is 101.42
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Further investigation is not in the public interest | On or near Whickham Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whickham Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whickham Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holm Hill Gardens |
| Mar 2024 | Anti-social behaviour | On or near Manisty Terrace |