£163,606
This estimated value is based upon the latest sale price for the house of £160,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £160,000 | 22 Sep 2023 |
| £97,000 | 24 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2023 the House Price Index for COUNTY DURHAM was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £160,000 results in an estimated price of approximately £163,606.
| 22 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £160,000 | £3,606 | £163,606 |
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 | -17.355 % | £-27,768 | £132,231 |
| 3 Month Average | 13.909 % | £22,253 | £182,253 |
| 6 Month Average | -6.051 % | £-9,681 | £150,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £150,416 | £147,000 | 2 SECKER PLACE |
| 22 Sep 2023 | £163,607 | £160,000 | 33 WELBURY GROVE |
| 2 Mar 2023 | £91,529 | £90,000 | 19 ST OSWALDS WALK |
| 16 Feb 2023 | £189,264 | £188,000 | 35 ST OSWALDS COURT |
| 10 Feb 2023 | £120,807 | £120,000 | 18 MELLANBY CRESCENT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 28 Nov 2013. Using an estimated price of £163,607 means this house is valued at £1,759 per sq meter (£163 per sq foot).
The average size of a house on WELBURY GROVE is 105 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Welbury Grove |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Oswalds Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Oswalds Court |
| Jul 2024 | Anti-social behaviour | On or near Bulmer Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bulmer Close |