£80,201
This estimated value is based upon the latest sale price for the house of £64,000 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £64,000 | 1 Jun 2018 |
| £61,000 | 15 May 2013 |
| £67,000 | 31 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 June 2018 the House Price Index for COUNTY DURHAM was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £64,000 results in an estimated price of approximately £80,201.
| 1 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £64,000 | £16,201 | £80,201 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 6.274 % | £4,015 | £68,015 |
| 3 Month Average | 18.920 % | £12,108 | £76,108 |
| 6 Month Average | 15.008 % | £9,605 | £73,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £333,465 | £325,000 | 19 WYNYARD GROVE |
| 10 Nov 2023 | £143,641 | £139,995 | 10 CHURCHILL AVENUE |
| 2 Oct 2023 | £194,416 | £190,000 | 18 WYNYARD GROVE |
| 3 Apr 2023 | £173,240 | £170,000 | 6 YOUNG STREET |
| 6 Jan 2023 | £140,375 | £140,000 | 16 YOUNG STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 25 Oct 2014. Using an estimated price of £80,202 means this house is valued at £1,542 per sq meter (£143 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Under investigation | On or near William Place |
| Jul 2024 | Other theft | Under investigation | On or near William Place |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Young Street |
| Jul 2024 | Anti-social behaviour | On or near Young Street | |
| Jul 2024 | Anti-social behaviour | On or near Young Street |