£297,592
This estimated value is based upon the latest sale price for the house of £184,000 on 16 Mar 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£184,000 | 16 Mar 2007 |
£184,000 | 16 Mar 2007 |
£67,500 | 6 Jan 1995 |
Semi-Detached |
Leasehold |
Floor Area: 88 sq meters or 953 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 March 2007 the House Price Index for DURHAM was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £184,000 results in an estimated price of approximately £297,592.
16 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £184,000 | £113,592 | £297,592 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 11.930 % | £21,952 | £205,952 |
3 Month Average | 16.251 % | £29,901 | £213,901 |
6 Month Average | 14.951 % | £27,509 | £211,509 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £302,648 | £300,000 | 8 FERENS CLOSE |
25 Apr 2023 | £394,245 | £390,000 | 11 WEARSIDE DRIVE |
28 Nov 2022 | £237,128 | £240,000 | 32 WEARSIDE DRIVE |
31 Aug 2022 | £368,957 | £369,950 | 31 FERENS CLOSE |
26 Aug 2022 | £368,957 | £369,950 | 33 FERENS CLOSE |
This house has a floor area of 88 sq meters or 953 sq feet when measured on 20 Apr 2010. Using an estimated price of £297,592 means this house is valued at £3,359 per sq meter (£312 per sq foot).
The average size of a house on WEARSIDE DRIVE is 132 sq meters (1,426 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Wearside Drive | |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wearside Drive |
Dec 2023 | Burglary | Under investigation | On or near Wear View |
Mar 2024 | Anti-social behaviour | On or near Wanless Terrace | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bakehouse Lane |