£74,339
This estimated value is based upon the latest sale price for the house of £54,950 on 11 May 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£54,950 | 11 May 2016 |
£67,500 | 24 Feb 2006 |
£29,950 | 29 Jul 1996 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 May 2016 the House Price Index for DURHAM was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £54,950 results in an estimated price of approximately £74,339.
11 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £54,950 | £19,389 | £74,339 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 48.628 % | £26,720 | £81,670 |
3 Month Average | 33.945 % | £18,652 | £73,602 |
6 Month Average | 33.839 % | £18,594 | £73,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £45,000 | £45,000 | 25 OUSTERLEY TERRACE |
10 Nov 2023 | £65,667 | £64,000 | 16 WYLAM STREET |
29 Sep 2023 | £94,074 | £92,000 | 19 FAWCETT HILL TERRACE |
4 Aug 2023 | £106,929 | £105,000 | 24 OUSTERLEY TERRACE |
28 Jun 2023 | £81,636 | £80,000 | 15 HOLMSIDE TERRACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 31 Mar 2014. Using an estimated price of £74,339 means this house is valued at £844 per sq meter (£78 per sq foot).
The average size of a house on WAGTAIL TERRACE is 108 sq meters (1,169 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wagtail Terrace |
Aug 2024 | Anti-social behaviour | On or near Wagtail Lane | |
Aug 2024 | Anti-social behaviour | On or near Wagtail Lane | |
Aug 2024 | Anti-social behaviour | On or near Wagtail Lane | |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wagtail Lane |