£498,190
This estimated value is based upon the latest sale price for the house of £465,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £465,000 | 3 Dec 2021 |
| £205,000 | 1 May 2007 |
| £93,000 | 23 Oct 2000 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2021 the House Price Index for DURHAM was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £465,000 results in an estimated price of approximately £498,190.
| 3 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £465,000 | £33,190 | £498,190 |
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 | -3.967 % | £-18,445 | £446,554 |
| 3 Month Average | 15.277 % | £71,038 | £536,038 |
| 6 Month Average | 7.664 % | £35,638 | £500,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £146,878 | £145,000 | 16 BELFORD WAY |
| 11 Jul 2023 | £149,005 | £147,000 | 19 MALVERN WAY |
| 10 Jul 2023 | £127,719 | £126,000 | 41 WILTON COURT |
| 20 May 2022 | £122,814 | £120,500 | 19 BELFORD WAY |
| 4 Feb 2022 | £194,008 | £185,000 | 28 MALVERN WAY |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 4 Jun 2013. Using an estimated price of £498,190 means this house is valued at £5,474 per sq meter (£508 per sq foot).
The average size of a house on WILTON COURT is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilton Court |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Malvern Way |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Malvern Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malvern Way |
| Mar 2024 | Anti-social behaviour | On or near Holderness |