£146,949
This estimated value is based upon the latest sale price for the house of £119,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £119,000 | 28 Sep 2018 |
| £121,000 | 18 Jan 2013 |
| £134,000 | 25 Apr 2008 |
| £169,500 | 20 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 928 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 September 2018 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £119,000 results in an estimated price of approximately £146,949.
| 28 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £119,000 | £27,949 | £146,949 |
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 | -41.479 % | £-49,360 | £69,639 |
| 3 Month Average | -17.961 % | £-21,374 | £97,625 |
| 6 Month Average | -2.745 % | £-3,267 | £115,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £59,258 | £58,500 | 1 WATERLOO TERRACE |
| 16 Jun 2023 | £76,932 | £76,000 | 2 PRINCES STREET |
| 24 Mar 2023 | £77,731 | £76,999 | 31 PRINCES STREET |
| 10 Mar 2023 | £121,141 | £120,000 | 19 WEST PARK |
| 3 Feb 2023 | £79,946 | £80,000 | 32 WEST ROAD |
This house has a floor area of 86 sq meters or 928 sq feet when measured on 19 Mar 2012. Using an estimated price of £146,949 means this house is valued at £1,703 per sq meter (£158 per sq foot).
The average size of a house on WEST PARK is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Princes Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Princes Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princes Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Terrace |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Waterloo Terrace |