£166,943
This estimated value is based upon the latest sale price for the house of £125,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £125,000 | 17 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in June 2016 the House Price Index for COUNTY DURHAM was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £125,000 results in an estimated price of approximately £166,943.
| 17 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £125,000 | £41,943 | £166,943 |
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 | -9.987 % | £-12,483 | £112,516 |
| 3 Month Average | -7.324 % | £-9,154 | £115,845 |
| 6 Month Average | -0.840 % | £-1,050 | £123,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £80,985 | £79,950 | 5 MOUNT PLEASANT VIEW |
| 11 Aug 2023 | £43,884 | £43,500 | 38 WEARDALE STREET |
| 20 Apr 2023 | £177,916 | £176,000 | 10 SCHOOL CLOSE |
| 28 Feb 2023 | £64,906 | £64,950 | 52 WEARDALE STREET |
| 27 May 2022 | £249,705 | £245,000 | 27 HILLSIDE COURT |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 18 Mar 2015. Using an estimated price of £166,944 means this house is valued at £1,192 per sq meter (£110 per sq foot).
The average size of a house on NORTH ROAD is 239 sq meters (2,577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near School Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near School Close |
| Jan 2024 | Anti-social behaviour | On or near School Close | |
| Jan 2024 | Anti-social behaviour | On or near School Close | |
| Jan 2024 | Anti-social behaviour | On or near School Close |