£78,492
This estimated value is based upon the latest sale price for the house of £64,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £64,000 | 28 Nov 2019 |
| £33,000 | 22 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 2019 the House Price Index for DURHAM was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £64,000 results in an estimated price of approximately £78,492.
| 28 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £64,000 | £14,492 | £78,492 |
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 | 21.852 % | £13,985 | £77,985 |
| 3 Month Average | 1.655 % | £1,059 | £65,059 |
| 6 Month Average | 5.159 % | £3,301 | £67,301 |
| 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 |
| 7 Jul 2023 | £31,423 | £31,000 | 5 SATURN CLOSE |
| 28 Jun 2023 | £73,895 | £73,000 | 65 WORDSWORTH ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Mar 2019. Using an estimated price of £78,493 means this house is valued at £1,032 per sq meter (£95 per sq foot).
The average size of a house on GLEBE TERRACE is 95 sq meters (1,031 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 |