£176,401
This estimated value is based upon the latest sale price for the house of £40,000 on 16 Jun 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £40,000 | 16 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in June 1999 the House Price Index for DURHAM was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £40,000 results in an estimated price of approximately £176,401.
| 16 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 149.7 | 341.003 % | £40,000 | £136,401 | £176,401 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 165.219 % | £66,087 | £106,087 |
| 3 Month Average | 212.253 % | £84,901 | £124,901 |
| 6 Month Average | 204.743 % | £81,897 | £121,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £333,465 | £325,000 | 19 WYNYARD GROVE |
| 10 Nov 2023 | £143,641 | £139,995 | 10 CHURCHILL AVENUE |
| 2 Oct 2023 | £194,416 | £190,000 | 18 WYNYARD GROVE |
| 3 Apr 2023 | £173,240 | £170,000 | 6 YOUNG STREET |
| 24 Feb 2023 | £248,661 | £247,000 | 13 EDWARD STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Aug 2018. Using an estimated price of £176,401 means this house is valued at £1,896 per sq meter (£176 per sq foot).
The average size of a house on YOUNG STREET is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Young Street |
| Jul 2024 | Anti-social behaviour | On or near Young Street | |
| Jul 2024 | Anti-social behaviour | On or near Young Street | |
| Jul 2024 | Anti-social behaviour | On or near Young Street | |
| Jul 2024 | Anti-social behaviour | On or near Young Street |