£324,806
This estimated value is based upon the latest sale price for the house of £187,040 on 30 Jun 2006. 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 Fenwick Way
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| Price Paid | Date |
|---|---|
| £187,040 | 30 Jun 2006 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 June 2006 the House Price Index for DURHAM was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £187,040 results in an estimated price of approximately £324,806.
| 30 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £187,040 | £137,766 | £324,806 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -13.788 % | £-25,788 | £161,251 |
| 3 Month Average | 5.193 % | £9,713 | £196,753 |
| 6 Month Average | 10.387 % | £19,427 | £206,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £152,254 | £150,000 | 7 FENWICK WAY |
| 17 Nov 2023 | £223,306 | £220,000 | 67 FENWICK WAY |
| 15 Nov 2023 | £151,239 | £149,000 | 117 FENWICK WAY |
| 25 Aug 2023 | £196,721 | £195,000 | 33 FENWICK WAY |
| 21 Apr 2023 | £197,122 | £195,000 | 31 FENWICK WAY |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 24 Mar 2015. Using an estimated price of £324,806 means this house is valued at £2,800 per sq meter (£260 per sq foot).
The average size of a house on FENWICK WAY is 97 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fenwick Way |
| Jan 2024 | Burglary | Under investigation | On or near Fenwick Way |
| Mar 2024 | Anti-social behaviour | On or near Kirk Street | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elliott Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elliott Way |