£173,734
This estimated value is based upon the latest sale price for the house of £41,000 on 6 Aug 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £41,000 | 6 Aug 1999 |
| £39,500 | 3 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 1999 the House Price Index for DURHAM was 34.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 323.743%.Applying this 323.743% change to the original purchase price of £41,000 results in an estimated price of approximately £173,734.
| 6 Aug 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 146.7 | 323.743 % | £41,000 | £132,734 | £173,734 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 165.045 % | £67,668 | £108,668 |
| 3 Month Average | 165.579 % | £67,887 | £108,887 |
| 6 Month Average | 146.714 % | £60,152 | £101,152 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Jan 2019.
The average size of a house on HAWTHORN TERRACE is 113 sq meters (1,223 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wear Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wear Street |
| Dec 2023 | Public order | Awaiting court outcome | On or near Wear Street |