£244,863
This estimated value is based upon the latest sale price for the house of £202,500 on 6 Jul 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£202,500 | 6 Jul 2020 |
£221,000 | 16 Nov 2007 |
Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 July 2020 the House Price Index for DURHAM was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £202,500 results in an estimated price of approximately £244,863.
6 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £202,500 | £42,363 | £244,863 |
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 | 16.655 % | £33,725 | £236,225 |
3 Month Average | 0.909 % | £1,840 | £204,340 |
6 Month Average | -1.436 % | £-2,907 | £199,592 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £176,500 | £176,500 | 30 ANNAND WAY |
17 Nov 2023 | £263,907 | £260,000 | 16 ANNAND WAY |
1 Sep 2023 | £278,562 | £275,000 | 2 WAKENSHAW DRIVE |
30 Jun 2023 | £168,288 | £166,250 | 43 WAKENSHAW DRIVE |
27 Jul 2022 | £180,436 | £179,950 | 22 WAKENSHAW DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 20 Mar 2020. Using an estimated price of £244,864 means this house is valued at £2,288 per sq meter (£212 per sq foot).
The average size of a house on ANNAND WAY is 117 sq meters (1,270 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wakenshaw Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Youens Crescent |
Mar 2024 | Anti-social behaviour | On or near St Andrews Court | |
Mar 2024 | Anti-social behaviour | On or near St Andrews Court | |
Mar 2024 | Anti-social behaviour | On or near St Andrews Court |