£84,959
This estimated value is based upon the latest sale price for the house of £84,500 on 3 Mar 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£84,500 | 3 Mar 2023 |
£74,000 | 19 Aug 2005 |
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 March 2023 the House Price Index for DURHAM was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £84,500 results in an estimated price of approximately £84,959.
3 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.0 | 0.543 % | £84,500 | £459 | £84,959 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 12.040 % | £10,174 | £94,674 |
3 Month Average | -24.038 % | £-20,311 | £64,188 |
6 Month Average | -14.891 % | £-12,582 | £71,917 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £42,810 | £42,000 | 18 WESLEY CRESCENT |
28 Jun 2023 | £141,144 | £140,000 | 38 CHURCH STREET |
26 Jun 2023 | £20,163 | £20,000 | 75A CHURCH STREET |
16 Jun 2023 | £43,604 | £43,250 | 81 CHURCH STREET |
27 Apr 2023 | £63,472 | £63,000 | 23 WESLEY CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 4 Jul 2020. Using an estimated price of £84,959 means this house is valued at £965 per sq meter (£89 per sq foot).
The average size of a house on WESLEY CRESCENT is 118 sq meters (1,280 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Spencely Street |
Feb 2024 | Anti-social behaviour | On or near Spencely Street | |
Feb 2024 | Anti-social behaviour | On or near Spencely Street | |
Feb 2024 | Anti-social behaviour | On or near Spencely Street |