£234,193
This estimated value is based upon the latest sale price for the house of £229,500 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £229,500 | 30 Jun 2023 |
| £142,500 | 12 Jul 2018 |
| £40,000 | 5 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 June 2023 the House Price Index for DURHAM was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £229,500 results in an estimated price of approximately £234,193.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £229,500 | £4,693 | £234,193 |
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 | -32.370 % | £-74,289 | £155,210 |
| 3 Month Average | -15.756 % | £-36,159 | £193,340 |
| 6 Month Average | -7.504 % | £-17,220 | £212,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £186,621 | £185,000 | 36 WORCESTER ROAD |
| 4 Sep 2023 | £184,057 | £180,000 | 128 YORK CRESCENT |
| 25 Aug 2023 | £206,219 | £202,500 | 144 YORK CRESCENT |
| 30 Jun 2023 | £234,193 | £229,500 | 29 WORCESTER ROAD |
| 7 Jun 2023 | £224,499 | £220,000 | 25 WORCESTER ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 Nov 2017. Using an estimated price of £234,193 means this house is valued at £3,495 per sq meter (£324 per sq foot).
The average size of a house on WORCESTER ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Oct 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Shoplifting | Formal action is not in the public interest | On or near Parking Area |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Parking Area |