£108,739
This estimated value is based upon the latest sale price for the house of £95,000 on 6 Jul 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £95,000 | 6 Jul 2021 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2021 the House Price Index for COUNTY DURHAM was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £95,000 results in an estimated price of approximately £108,739.
| 6 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £95,000 | £13,739 | £108,739 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 2.313 % | £2,197 | £97,197 |
| 3 Month Average | -24.566 % | £-23,337 | £71,662 |
| 6 Month Average | -20.685 % | £-19,650 | £75,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £85,462 | £85,000 | 4 WEBB AVENUE |
| 25 Jan 2023 | £105,077 | £106,000 | 44 WYCLIFFE ROAD |
| 26 Aug 2022 | £88,403 | £89,000 | 62 WINDERMERE ROAD |
| 17 Dec 2021 | £102,437 | £96,000 | 24 WINDERMERE ROAD |
| 31 Aug 2021 | £88,833 | £79,950 | 113 WINDERMERE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 Jun 2021. Using an estimated price of £108,739 means this house is valued at £1,376 per sq meter (£127 per sq foot).
The average size of a house on WEBB AVENUE is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedgwood Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Crescent |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Wells Crescent |
| Feb 2024 | Drugs | Under investigation | On or near Wesley Way |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Wolsey Road |