£228,662
This estimated value is based upon the latest sale price for the house of £184,995 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £184,995 | 27 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £184,995 results in an estimated price of approximately £228,662.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £184,995 | £43,667 | £228,662 |
The Postcode Pricing Model uses changes in average sales price within the TS28 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 | -39.263 % | £-72,634 | £112,360 |
| 3 Month Average | -34.641 % | £-64,083 | £120,911 |
| 6 Month Average | -39.735 % | £-73,507 | £111,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £165,485 | £162,500 | PLYNLIMMON WELLFIELD ROAD SOUTH |
| 14 Jun 2022 | £119,096 | £116,550 | 7 WELLFIELD ROAD SOUTH |
| 25 Nov 2021 | £272,380 | £250,000 | 40 WELLFIELD ROAD NORTH |
| 24 Aug 2021 | £138,236 | £123,000 | 29 PICKERING WYND |
| 30 Jul 2021 | £182,349 | £157,500 | 35 WELLFIELD ROAD NORTH |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Jun 2019. Using an estimated price of £228,662 means this house is valued at £2,658 per sq meter (£247 per sq foot).
The average size of a house on PICKERING WYND is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Pickering Wynd | |
| Jul 2024 | Anti-social behaviour | On or near Pickering Wynd | |
| Jul 2024 | Anti-social behaviour | On or near Pickering Wynd | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Edderacres Walk |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Edderacres Walk |