£106,152
This estimated value is based upon the latest sale price for the house of £105,010 on 6 Apr 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £105,010 | 6 Apr 2023 |
| £76,500 | 18 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 April 2023 the House Price Index for COUNTY DURHAM was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £105,010 results in an estimated price of approximately £106,152.
| 6 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £105,010 | £1,142 | £106,152 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 1.583 % | £1,662 | £106,672 |
| 3 Month Average | -1.448 % | £-1,520 | £103,489 |
| 6 Month Average | 1.843 % | £1,935 | £106,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £88,815 | £87,500 | 9 TUNSTALL ROAD |
| 6 Apr 2023 | £106,153 | £105,010 | 61 STEPHENSON WAY |
| 16 Feb 2023 | £54,463 | £54,500 | 17 SILKIN WAY |
| 2 Feb 2023 | £59,960 | £60,000 | 33 SILKIN WAY |
| 27 Jul 2022 | £4,512 | £4,500 | GARAGE 2 SILKIN WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 31 Oct 2018. Using an estimated price of £106,153 means this house is valued at £1,179 per sq meter (£109 per sq foot).
The average size of a house on STEPHENSON WAY is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Barrington Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Wright Close |
| Feb 2024 | Anti-social behaviour | On or near Wright Close | |
| Feb 2024 | Anti-social behaviour | On or near Wright Close | |
| Jan 2024 | Anti-social behaviour | On or near Wright Close |