£319,061
This estimated value is based upon the latest sale price for the house of £186,000 on 28 Jan 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£186,000 | 28 Jan 2011 |
Semi-Detached |
Freehold |
Floor Area: 117 sq meters or 1,269 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 January 2011 the House Price Index for COUNTY DURHAM was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £186,000 results in an estimated price of approximately £319,061.
28 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.539 % | £186,000 | £133,061 | £319,061 |
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 | 56.229 % | £104,586 | £290,586 |
3 Month Average | 37.853 % | £70,407 | £256,407 |
6 Month Average | 33.776 % | £62,823 | £248,823 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £302,648 | £300,000 | 8 FERENS CLOSE |
25 Apr 2023 | £394,245 | £390,000 | 11 WEARSIDE DRIVE |
28 Nov 2022 | £237,128 | £240,000 | 32 WEARSIDE DRIVE |
31 Aug 2022 | £368,957 | £369,950 | 31 FERENS CLOSE |
26 Aug 2022 | £368,957 | £369,950 | 33 FERENS CLOSE |
This house has a floor area of 117 sq meters or 1,269 sq feet when measured on 6 Apr 2010. Using an estimated price of £319,062 means this house is valued at £2,704 per sq meter (£251 per sq foot).
The average size of a house on WEARSIDE DRIVE is 130 sq meters (1,403 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Wearside Drive | |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wearside Drive |
Dec 2023 | Burglary | Under investigation | On or near Wear View |
Mar 2024 | Anti-social behaviour | On or near Wanless Terrace | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bakehouse Lane |