£67,816
This estimated value is based upon the latest sale price for the house of £49,000 on 10 Dec 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £49,000 | 10 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 881 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 December 2015 the House Price Index for COUNTY DURHAM was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £49,000 results in an estimated price of approximately £67,816.
| 10 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £49,000 | £18,816 | £67,816 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -14.206 % | £-6,961 | £42,038 |
| 3 Month Average | -14.747 % | £-7,225 | £41,774 |
| 6 Month Average | -2.124 % | £-1,040 | £47,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £47,706 | £47,000 | 9 DAVIES WALK |
| 21 Aug 2023 | £96,343 | £95,500 | 5 WEBB SQUARE |
| 9 Jun 2023 | £52,131 | £51,500 | 20 DAVIES WALK |
| 24 Feb 2023 | £116,920 | £116,999 | 9 WEBB SQUARE |
| 7 Feb 2023 | £107,927 | £108,000 | 28 COOK GROVE |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 5 Jul 2011. Using an estimated price of £67,817 means this house is valued at £827 per sq meter (£76 per sq foot).
The average size of a house on WEBB SQUARE is 108 sq meters (1,167 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilkinson Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinson Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilkinson Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wilkinson Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilkinson Road |