£160,961
This estimated value is based upon the latest sale price for the house of £34,500 on 16 Oct 1998. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £34,500 | 16 Oct 1998 |
| 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 October 1998 the House Price Index for DURHAM was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £34,500 results in an estimated price of approximately £160,961.
| 16 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £34,500 | £126,461 | £160,961 |
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 | 223.107 % | £76,971 | £111,471 |
| 3 Month Average | 215.302 % | £74,279 | £108,779 |
| 6 Month Average | 229.334 % | £79,120 | £113,620 |
| 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 |
| 6 Jan 2023 | £140,375 | £140,000 | 16 YOUNG STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 Feb 2020. Using an estimated price of £160,961 means this house is valued at £1,730 per sq meter (£160 per sq foot).
The average size of a house on SHERBURN ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near William Place |
| Jul 2024 | Possession of weapons | Under investigation | On or near William Place |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Back Wynyard Grove |
| Oct 2024 | Anti-social behaviour | On or near Back Wynyard Grove | |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Back Wynyard Grove |