£83,731
This estimated value is based upon the latest sale price for the house of £70,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£70,000 | 11 Sep 2020 |
£68,000 | 19 Feb 2018 |
Semi-Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 2020 the House Price Index for COUNTY DURHAM was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £70,000 results in an estimated price of approximately £83,731.
11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £70,000 | £13,731 | £83,731 |
The Postcode Pricing Model uses changes in average sales price within the TS29 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 | -1.887 % | £-1,320 | £68,679 |
3 Month Average | -19.248 % | £-13,473 | £56,526 |
6 Month Average | -7.016 % | £-4,911 | £65,088 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £38,593 | £38,000 | 11 WOOD VIEW |
28 Mar 2024 | £48,749 | £48,000 | 21 SYCAMORE CRESCENT |
18 Dec 2023 | £67,009 | £64,950 | 2 SPRINGDALE AVENUE |
4 Dec 2023 | £79,441 | £77,000 | 2 BEECH GROVE |
5 Oct 2023 | £104,369 | £101,999 | 37 BEECH GROVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 4 Aug 2017. Using an estimated price of £83,732 means this house is valued at £709 per sq meter (£65 per sq foot).
There is one other house on the street which we know the size of, this is 5 WATSON CRESCENT it is 70.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Wingate Road |
Jul 2024 | Other theft | Under investigation | On or near Wingate Road |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Wingate Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wingate Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wingate Road |