£172,937
This estimated value is based upon the latest sale price for the house of £140,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£140,000 | 15 Feb 2019 |
£152,000 | 11 Dec 2009 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,186 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 February 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £140,000 results in an estimated price of approximately £172,937.
15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £140,000 | £32,937 | £172,937 |
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 | 16.847 % | £23,585 | £163,585 |
3 Month Average | 0.207 % | £289 | £140,289 |
6 Month Average | -4.002 % | £-5,603 | £134,396 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £212,575 | £210,000 | 59 WESTMORLAND WAY |
8 Mar 2023 | £85,808 | £85,000 | 16 WEBB CLOSE |
27 Jan 2023 | £210,011 | £211,000 | 53 WESTMORLAND WAY |
25 Jan 2023 | £84,601 | £85,000 | 16 HULLOCK ROAD |
22 Aug 2022 | £89,758 | £90,000 | 8 WEBB CLOSE |
This house has a floor area of 110 sq meters or 1,186 sq feet when measured on 8 Sep 2009. Using an estimated price of £172,938 means this house is valued at £1,568 per sq meter (£145 per sq foot).
The average size of a house on WESTMORLAND WAY is 106 sq meters (1,150 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westmorland Way |
Mar 2024 | Vehicle crime | Under investigation | On or near Webb Close |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Webb Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whiteley Grove |
Mar 2024 | Anti-social behaviour | On or near Whiteley Grove |