£146,485
This estimated value is based upon the latest sale price for the house of £26,500 on 18 Oct 1996. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £26,500 | 18 Oct 1996 |
| £41,000 | 16 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 1996 the House Price Index for DURHAM was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £26,500 results in an estimated price of approximately £146,485.
| 18 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 149.7 | 452.776 % | £26,500 | £119,985 | £146,485 |
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 | 249.736 % | £66,180 | £92,680 |
| 3 Month Average | 256.268 % | £67,910 | £94,410 |
| 6 Month Average | 259.372 % | £68,733 | £95,233 |
| 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 82 sq meters or 882 sq feet when measured on 31 Aug 2018. Using an estimated price of £146,486 means this house is valued at £1,786 per sq meter (£165 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 |