£465,359
This estimated value is based upon the latest sale price for the house of £415,000 on 12 Mar 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Vaughan Street
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| Price Paid | Date |
|---|---|
| £415,000 | 12 Mar 2021 |
| £415,000 | 12 Mar 2021 |
| £23,000 | 30 Jan 1998 |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 2021 the House Price Index for DURHAM was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £415,000 results in an estimated price of approximately £465,359.
| 12 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 149.7 | 12.135 % | £415,000 | £50,359 | £465,359 |
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 | -42.219 % | £-175,209 | £239,790 |
| 3 Month Average | -12.845 % | £-53,305 | £361,694 |
| 6 Month Average | -19.479 % | £-80,839 | £334,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £59,819 | £58,500 | 1 WATERLOO TERRACE |
| 16 Jun 2023 | £77,554 | £76,000 | 2 PRINCES STREET |
| 24 Mar 2023 | £78,307 | £76,999 | 31 PRINCES STREET |
| 10 Mar 2023 | £122,038 | £120,000 | 19 WEST PARK |
| 3 Feb 2023 | £80,538 | £80,000 | 32 WEST ROAD |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 23 Oct 2019. Using an estimated price of £465,360 means this house is valued at £2,659 per sq meter (£247 per sq foot).
The average size of a house on WEST AUCKLAND ROAD is 156 sq meters (1,680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vaughan Street |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Vaughan Street |
| Jul 2024 | Drugs | Under investigation | On or near Lambton Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near West Close |