£119,034
This estimated value is based upon the latest sale price for the house of £76,000 on 10 Oct 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £76,000 | 10 Oct 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2007 the House Price Index for DURHAM was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £76,000 results in an estimated price of approximately £119,034.
| 10 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £76,000 | £43,034 | £119,034 |
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 | -14.546 % | £-11,055 | £64,944 |
| 3 Month Average | -1.588 % | £-1,206 | £74,793 |
| 6 Month Average | 0.530 % | £403 | £76,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £78,000 | £78,000 | 18 TEES CRESCENT |
| 24 Nov 2023 | £113,891 | £111,000 | 6 OUSEBURN CLOSE |
| 1 Nov 2023 | £110,813 | £108,000 | 8 TYNE ROAD EAST |
| 5 Sep 2022 | £82,945 | £83,000 | 33 WANSBECK AVENUE |
| 10 Jun 2022 | £63,354 | £62,000 | 54 WEAR ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 15 Jul 2014. Using an estimated price of £119,034 means this house is valued at £1,608 per sq meter (£149 per sq foot).
The average size of a house on WANSBECK AVENUE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wansbeck Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Walk |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Derwent Walk |
| Sep 2024 | Anti-social behaviour | On or near Derwent Walk | |
| Sep 2024 | Anti-social behaviour | On or near Derwent Walk |