£112,518
This estimated value is based upon the latest sale price for the house of £84,500 on 11 Jul 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £84,500 | 11 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2016 the House Price Index for COUNTY DURHAM was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £84,500 results in an estimated price of approximately £112,518.
| 11 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £84,500 | £28,018 | £112,518 |
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 | 24.254 % | £20,494 | £104,994 |
| 3 Month Average | -1.454 % | £-1,228 | £83,271 |
| 6 Month Average | 27.104 % | £22,902 | £107,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £27,481 | £27,000 | 4 WHICKHAM STREET |
| 18 Aug 2023 | £60,530 | £60,000 | 1 TENNYSON ROAD |
| 14 Jul 2023 | £70,955 | £70,000 | 45 WORDSWORTH ROAD |
| 28 Jun 2023 | £73,895 | £73,000 | 65 WORDSWORTH ROAD |
| 16 Jun 2023 | £75,920 | £75,000 | 2 TENNYSON ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Mar 2016. Using an estimated price of £112,518 means this house is valued at £1,071 per sq meter (£99 per sq foot).
The average size of a house on WORDSWORTH ROAD is 83 sq meters (900 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wordsworth Road | |
| Mar 2024 | Anti-social behaviour | On or near Wordsworth Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Road |
| Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Wordsworth Road |