£115,087
This estimated value is based upon the latest sale price for the house of £86,000 on 5 Sep 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Finchale Road
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| Price Paid | Date |
|---|---|
| £86,000 | 5 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 September 2016 the House Price Index for COUNTY DURHAM was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £86,000 results in an estimated price of approximately £115,087.
| 5 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £86,000 | £29,087 | £115,087 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 4.445 % | £3,822 | £89,822 |
| 3 Month Average | 22.884 % | £19,679 | £105,679 |
| 6 Month Average | 8.657 % | £7,445 | £93,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £91,404 | £90,000 | 18 EMERSON WAY |
| 28 Mar 2024 | £116,794 | £115,000 | 2 WILSON WALK |
| 8 Dec 2023 | £92,853 | £90,000 | 30 BOWES ROAD |
| 17 Nov 2023 | £82,084 | £80,000 | 6 FINCHALE ROAD |
| 29 Aug 2023 | £117,112 | £115,000 | 10 LEE GREEN |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 20 Oct 2016. Using an estimated price of £115,087 means this house is valued at £693 per sq meter (£64 per sq foot).
The average size of a house on FINCHALE ROAD is 128 sq meters (1,379 sq feet).
This house is the largest in the street with a floor area of 166 sq meters (1,786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Finchale Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Finchale Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Walker Lane |
| Apr 2024 | Anti-social behaviour | On or near Walker Lane | |
| Apr 2024 | Anti-social behaviour | On or near Walker Lane |