£80,097
This estimated value is based upon the latest sale price for the house of £65,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £65,000 | 2 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2018 the House Price Index for COUNTY DURHAM was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £65,000 results in an estimated price of approximately £80,097.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £65,000 | £15,097 | £80,097 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 15.493 % | £10,070 | £75,070 |
| 3 Month Average | -5.305 % | £-3,448 | £61,551 |
| 6 Month Average | 6.684 % | £4,344 | £69,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £60,902 | £60,000 | 20 QUEENS AVENUE |
| 7 Nov 2023 | £168,495 | £166,000 | 75 ESCALLOND DRIVE |
| 3 Nov 2023 | £142,104 | £140,000 | 15 DOREEN AVENUE |
| 30 Jun 2023 | £128,051 | £126,500 | 36 WATLING AVENUE |
| 9 Feb 2023 | £67,954 | £68,000 | 35 QUEENS AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 21 Jul 2018. Using an estimated price of £80,097 means this house is valued at £965 per sq meter (£89 per sq foot).
The average size of a house on WATLING AVENUE is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Wolsey Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wolsey Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wolsey Road |
| Mar 2024 | Anti-social behaviour | On or near Walton Avenue | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walton Avenue |