£164,638
This estimated value is based upon the latest sale price for the house of £130,000 on 12 Dec 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£130,000 | 12 Dec 2017 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 December 2017 the House Price Index for COUNTY DURHAM was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £130,000 results in an estimated price of approximately £164,638.
12 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £130,000 | £34,638 | £164,638 |
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 | -0.808 % | £-1,050 | £128,949 |
3 Month Average | 28.027 % | £36,435 | £166,435 |
6 Month Average | 13.366 % | £17,376 | £147,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £201,752 | £200,000 | 19 WESTMORLAND WAY |
23 Apr 2024 | £173,507 | £172,000 | 56 WESTMORLAND WAY |
25 Mar 2024 | £225,464 | £222,000 | 57 WESTMORLAND WAY |
12 Jun 2023 | £214,294 | £210,000 | 59 WESTMORLAND WAY |
8 Mar 2023 | £86,444 | £85,000 | 16 WEBB CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Oct 2016. Using an estimated price of £164,638 means this house is valued at £1,870 per sq meter (£173 per sq foot).
The average size of a house on WESTMORLAND WAY is 106 sq meters (1,150 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westmorland Way |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Thurlow Grove |
Jun 2024 | Anti-social behaviour | On or near Webb Close | |
Jun 2024 | Anti-social behaviour | On or near Webb Close | |
May 2024 | Burglary | Unable to prosecute suspect | On or near Webb Close |