£75,551
This estimated value is based upon the latest sale price for the house of £70,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 21 Dec 2021 |
| £65,000 | 27 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 December 2021 the House Price Index for COUNTY DURHAM was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £70,000 results in an estimated price of approximately £75,551.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £70,000 | £5,551 | £75,551 |
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 | 4.526 % | £3,168 | £73,168 |
| 3 Month Average | -15.604 % | £-10,922 | £59,077 |
| 6 Month Average | -14.829 % | £-10,380 | £59,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £70,613 | £70,000 | 88 CORONATION AVENUE |
| 17 Nov 2023 | £51,302 | £50,000 | 13 OAKLEA |
| 22 Sep 2023 | £58,285 | £57,000 | 4 QUEENSWAY |
| 31 Mar 2023 | £71,189 | £70,000 | 20 YEW TREE AVENUE |
| 16 Mar 2023 | £76,274 | £75,000 | 41 QUEENSWAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Sep 2021. Using an estimated price of £75,552 means this house is valued at £888 per sq meter (£82 per sq foot).
The average size of a house on WILLOW WALK is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yewtree Avenue |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Yewtree Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Lea |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Lea |
| May 2024 | Drugs | Local resolution | On or near Oak Lea |