£132,949
This estimated value is based upon the latest sale price for the house of £72,950 on 10 Jun 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,950 | 10 Jun 2005 |
| £21,500 | 28 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 June 2005 the House Price Index for DURHAM was 80.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.248%.Applying this 82.248% change to the original purchase price of £72,950 results in an estimated price of approximately £132,949.
| 10 Jun 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 146.7 | 82.248 % | £72,950 | £59,999 | £132,949 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 38.093 % | £27,788 | £100,738 |
| 3 Month Average | -4.635 % | £-3,381 | £69,568 |
| 6 Month Average | 16.566 % | £12,084 | £85,034 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Jul 2014.
The average size of a house on WEAR STREET is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wear Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Baff Street |
| Jan 2024 | Drugs | Local resolution | On or near Baff Street |
| Jan 2024 | Anti-social behaviour | On or near Baff Street | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Baff Street |