£132,829
This estimated value is based upon the latest sale price for the house of £110,000 on 26 May 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £110,000 | 26 May 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 May 2020 the House Price Index for COUNTY DURHAM was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.754%.Applying this 20.754% change to the original purchase price of £110,000 results in an estimated price of approximately £132,829.
| 26 May 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.754 % | £110,000 | £22,829 | £132,829 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 37.979 % | £41,777 | £151,777 |
| 3 Month Average | 12.157 % | £13,372 | £123,372 |
| 6 Month Average | 4.999 % | £5,499 | £115,499 |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 25 Oct 2014.
There is one other house on the street which we know the size of, this is 12 THE SANDS FLATS it is 49.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wearside Drive | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wearside Drive |
| Mar 2024 | Anti-social behaviour | On or near Wanless Terrace | |
| Jan 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jan 2024 | Anti-social behaviour | On or near Further/Higher Educational Building |