£123,604
This estimated value is based upon the latest sale price for the house of £100,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£100,000 | 20 Sep 2019 |
£105,995 | 29 Apr 2016 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 September 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £100,000 results in an estimated price of approximately £123,604.
20 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £100,000 | £23,604 | £123,604 |
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 | -15.885 % | £-15,884 | £84,115 |
3 Month Average | 5.059 % | £5,058 | £105,058 |
6 Month Average | -3.028 % | £-3,027 | £96,972 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £149,296 | £148,000 | 41 BLUESTONE CLOSE |
20 Nov 2023 | £182,636 | £178,000 | 33 BLUESTONE CLOSE |
13 Nov 2023 | £348,850 | £339,995 | 29 SUGARHILL CRESCENT |
10 Oct 2023 | £155,532 | £152,000 | 50 SUGARHILL CRESCENT |
5 Oct 2023 | £159,625 | £156,000 | 57 WELLHOUSE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 27 Apr 2016. Using an estimated price of £123,605 means this house is valued at £1,993 per sq meter (£185 per sq foot).
The average size of a house on WELLHOUSE ROAD is 79 sq meters (851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Sugar Hill Crescent |
Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Alan Gray Court |
Jul 2024 | Shoplifting | Under investigation | On or near Alan Gray Court |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Alan Gray Court |
Jul 2024 | Theft from the person | Under investigation | On or near Alan Gray Court |