£89,378
This estimated value is based upon the latest sale price for the house of £53,500 on 29 Nov 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £53,500 | 29 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2012 the House Price Index for COUNTY DURHAM was 87.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.062%.Applying this 67.062% change to the original purchase price of £53,500 results in an estimated price of approximately £89,378.
| 29 Nov 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 146.7 | 67.062 % | £53,500 | £35,878 | £89,378 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 49.439 % | £26,449 | £79,949 |
| 3 Month Average | -20.971 % | £-11,219 | £42,280 |
| 6 Month Average | 0.265 % | £141 | £53,641 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Aug 2012.
The average size of a house on TEES CRESCENT is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Local resolution | On or near Vine Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vine Street |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area |