£158,664
This estimated value is based upon the latest sale price for the house of £100,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £100,000 | 29 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2007 the House Price Index for DURHAM was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £100,000 results in an estimated price of approximately £158,664.
| 29 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £100,000 | £58,664 | £158,664 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 24.161 % | £24,160 | £124,160 |
| 3 Month Average | 5.552 % | £5,552 | £105,552 |
| 6 Month Average | 5.729 % | £5,729 | £105,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £131,684 | £130,000 | 7 RICHARDSON WALK |
| 14 Aug 2023 | £90,794 | £90,000 | 2 MATTHEW CLOSE |
| 31 Jul 2023 | £111,501 | £110,000 | 60 ST BARBARAS WALK |
| 31 Mar 2023 | £90,856 | £90,000 | 100 WASHINGTON CRESCENT |
| 7 Feb 2023 | £104,929 | £105,000 | 43 ST AIDANS WALK |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 22 Mar 2013. Using an estimated price of £158,665 means this house is valued at £1,525 per sq meter (£141 per sq foot).
The average size of a house on WOLSEY CLOSE is 107 sq meters (1,155 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wolsey Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wolsey Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wolsey Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Escomb Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Escomb Close |