£108,248
This estimated value is based upon the latest sale price for the house of £69,500 on 16 May 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,500 | 16 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 May 2014 the House Price Index for COUNTY DURHAM was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £69,500 results in an estimated price of approximately £108,248.
| 16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £69,500 | £38,748 | £108,248 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 1.087 % | £755 | £70,255 |
| 3 Month Average | 10.553 % | £7,334 | £76,834 |
| 6 Month Average | 3.275 % | £2,276 | £71,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £65,000 | £65,000 | 28 SOUTH CRESCENT |
| 14 Nov 2023 | £48,224 | £47,000 | 9 DAVIES WALK |
| 26 Oct 2023 | £46,046 | £45,000 | 24 SOUTH CRESCENT |
| 21 Aug 2023 | £97,254 | £95,500 | 5 WEBB SQUARE |
| 9 Jun 2023 | £52,553 | £51,500 | 20 DAVIES WALK |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 7 May 2013. Using an estimated price of £108,249 means this house is valued at £993 per sq meter (£92 per sq foot).
The average size of a house on WILKINSON ROAD is 141 sq meters (1,518 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Wilkinson Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilkinson Road |
| Oct 2024 | Other crime | Formal action is not in the public interest | On or near Wilkinson Road |
| Oct 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Wilkinson Road |
| Sep 2024 | Drugs | Local resolution | On or near Wilkinson Road |