£84,588
This estimated value is based upon the latest sale price for the house of £68,000 on 19 Jun 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £68,000 | 19 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2018 the House Price Index for COUNTY DURHAM was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £68,000 results in an estimated price of approximately £84,588.
| 19 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £68,000 | £16,588 | £84,588 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 56.774 % | £38,606 | £106,606 |
| 3 Month Average | 20.033 % | £13,622 | £81,622 |
| 6 Month Average | 10.510 % | £7,146 | £75,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £91,603 | £90,000 | 30 BOWES ROAD |
| 30 Nov 2023 | £81,202 | £80,000 | 32 BOWES ROAD |
| 16 Nov 2023 | £106,578 | £105,000 | 23 BUTLER ROAD |
| 8 Nov 2023 | £109,623 | £108,000 | 6 RITSON ROAD |
| 11 Jul 2023 | £50,682 | £50,000 | 23 EMERSON WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Jan 2018. Using an estimated price of £84,588 means this house is valued at £1,044 per sq meter (£97 per sq foot).
The average size of a house on EMERSON WAY is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Emerson Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Emerson Way |
| Jan 2024 | Anti-social behaviour | On or near Emerson Way | |
| Jan 2024 | Anti-social behaviour | On or near Emerson Way | |
| Jan 2024 | Anti-social behaviour | On or near Emerson Way |