£84,517
This estimated value is based upon the latest sale price for the house of £51,500 on 5 Feb 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £51,500 | 5 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2007 the House Price Index for DURHAM was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £51,500 results in an estimated price of approximately £84,517.
| 5 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £51,500 | £33,017 | £84,517 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 33.800 % | £17,406 | £68,906 |
| 3 Month Average | 9.892 % | £5,094 | £56,594 |
| 6 Month Average | 1.396 % | £718 | £52,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £35,000 | £35,000 | 15 HACKWORTH STREET |
| 15 Mar 2024 | £28,437 | £28,000 | 19 HACKWORTH STREET |
| 24 Nov 2023 | £82,084 | £80,000 | 24 BARRINGTON TERRACE |
| 2 Nov 2023 | £81,057 | £78,999 | 2 BRUNEL STREET |
| 5 Sep 2023 | £56,240 | £55,000 | 15 WATT STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Dec 2019. Using an estimated price of £84,517 means this house is valued at £1,173 per sq meter (£109 per sq foot).
The average size of a house on WATT STREET is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Watt Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watt Street |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Watt Street |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Beaumont Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |