£88,789
This estimated value is based upon the latest sale price for the house of £69,000 on 19 May 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,000 | 19 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 May 2017 the House Price Index for COUNTY DURHAM was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £69,000 results in an estimated price of approximately £88,789.
| 19 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £69,000 | £19,789 | £88,789 |
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 | 64.228 % | £44,317 | £113,317 |
| 3 Month Average | 29.131 % | £20,100 | £89,100 |
| 6 Month Average | 20.664 % | £14,257 | £83,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £177,630 | £175,000 | 16 HUMPHREY CLOSE |
| 7 Jul 2023 | £84,132 | £83,000 | 47 PRIESTMAN ROAD |
| 8 Jun 2023 | £91,104 | £90,000 | 10 MARSHALL ROAD |
| 16 Feb 2023 | £54,463 | £54,500 | 17 SILKIN WAY |
| 2 Feb 2023 | £59,960 | £60,000 | 33 SILKIN WAY |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 11 Jan 2017. Using an estimated price of £88,789 means this house is valued at £887 per sq meter (£82 per sq foot).
The average size of a house on SILKIN WAY is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Silkin Way | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Silkin Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Silkin Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silkin Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silkin Way |