£88,969
This estimated value is based upon the latest sale price for the house of £72,950 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,950 | 29 Mar 2019 |
| £65,000 | 9 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £72,950 results in an estimated price of approximately £88,969.
| 29 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.959 % | £72,950 | £16,019 | £88,969 |
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 | 97.609 % | £71,205 | £144,155 |
| 3 Month Average | 1.176 % | £857 | £73,807 |
| 6 Month Average | 4.247 % | £3,098 | £76,048 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 7 Jun 2016.
The average size of a house on WILLOW ROAD is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albion Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albion Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watson Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Watson Street |