£184,062
This estimated value is based upon the latest sale price for the house of £122,500 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£122,500 | 5 Dec 2014 |
£98,000 | 16 Aug 2007 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 879 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 December 2014 the House Price Index for DURHAM was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £122,500 results in an estimated price of approximately £184,062.
5 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £122,500 | £61,562 | £184,062 |
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 | 75.557 % | £92,556 | £215,056 |
3 Month Average | 21.662 % | £26,535 | £149,035 |
6 Month Average | 2.429 % | £2,975 | £125,475 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £62,543 | £62,000 | 10 ALBION STREET |
14 Aug 2023 | £39,716 | £39,000 | 16 WOOD STREET |
24 Mar 2023 | £61,019 | £60,000 | 7 ALBION STREET |
17 Mar 2023 | £71,138 | £69,950 | 24 ALBION STREET |
14 Nov 2022 | £79,623 | £79,995 | 20 WILLOW ROAD |
This house has a floor area of 81 sq meters or 879 sq feet when measured on 27 Aug 2010. Using an estimated price of £184,063 means this house is valued at £2,251 per sq meter (£209 per sq foot).
The average size of a house on WILLOW ROAD is 102 sq meters (1,100 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Willow Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |