£63,670
This estimated value is based upon the latest sale price for the house of £63,500 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £63,500 | 20 Jan 2023 |
| £50,500 | 3 May 2011 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,279 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 January 2023 the House Price Index for COUNTY DURHAM was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £63,500 results in an estimated price of approximately £63,670.
| 20 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £63,500 | £170 | £63,670 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -13.888 % | £-8,818 | £54,681 |
| 3 Month Average | 1.360 % | £863 | £64,363 |
| 6 Month Average | -6.784 % | £-4,308 | £59,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £119,841 | £118,000 | 1 WESLEY COURT |
| 6 Nov 2023 | £107,735 | £105,000 | 58 FINES PARK |
| 6 Nov 2023 | £66,693 | £65,000 | 95 FINES PARK |
| 6 Oct 2023 | £72,650 | £71,000 | 5 WESLEY COURT |
| 13 Sep 2023 | £88,450 | £86,500 | 16 FROSTERLEY GARDENS |
This house has a floor area of 118 sq meters or 1,279 sq feet when measured on 18 Jun 2010. Using an estimated price of £63,670 means this house is valued at £535 per sq meter (£49 per sq foot).
The average size of a house on WESLEY TERRACE is 75 sq meters (811 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,279 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court |