£127,525
This estimated value is based upon the latest sale price for the house of £76,000 on 7 Jun 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£76,000 | 7 Jun 2013 |
£92,745 | 17 Dec 2004 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 June 2013 the House Price Index for COUNTY DURHAM was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £76,000 results in an estimated price of approximately £127,525.
7 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 149.7 | 67.796 % | £76,000 | £51,525 | £127,525 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -10.952 % | £-8,323 | £67,676 |
3 Month Average | -19.356 % | £-14,710 | £61,289 |
6 Month Average | -12.044 % | £-9,153 | £66,846 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £63,754 | £63,200 | 56 REDWORTH ROAD |
15 Mar 2024 | £12,187 | £12,000 | FLAT D 16 REDWORTH ROAD |
12 Dec 2023 | £90,790 | £88,000 | 13 PEARS TERRACE |
4 Dec 2023 | £5,159 | £5,000 | FLAT A 16 REDWORTH ROAD |
17 Nov 2023 | £47,198 | £46,000 | 11 SCOTT STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 25 Nov 2012. Using an estimated price of £127,525 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on WOODLAND VIEW is 78 sq meters (848 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Beresford Street |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Beresford Street |
Jun 2024 | Public order | Under investigation | On or near Beresford Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Magnet Street |
Jul 2024 | Burglary | Further action is not in the public interest | On or near Tomlin Street |