£86,398
This estimated value is based upon the latest sale price for the house of £31,500 on 2 Aug 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £31,500 | 2 Aug 2002 |
| £29,000 | 20 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 895 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 2002 the House Price Index for DURHAM was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £31,500 results in an estimated price of approximately £86,398.
| 2 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £31,500 | £54,898 | £86,398 |
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 | 215.560 % | £67,901 | £99,401 |
| 3 Month Average | 165.406 % | £52,102 | £83,602 |
| 6 Month Average | 195.819 % | £61,682 | £93,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £119,447 | £118,000 | 24 WARKWORTH CRESCENT |
| 3 Apr 2023 | £141,524 | £140,000 | 167 WATLING AVENUE |
| 25 Jan 2023 | £105,503 | £106,000 | 44 WYCLIFFE ROAD |
| 26 Aug 2022 | £88,761 | £89,000 | 62 WINDERMERE ROAD |
| 17 Aug 2022 | £169,544 | £170,000 | 16 WARKWORTH CRESCENT |
This house has a floor area of 83 sq meters or 895 sq feet when measured on 5 Feb 2009. Using an estimated price of £86,398 means this house is valued at £1,038 per sq meter (£96 per sq foot).
The average size of a house on WARKWORTH CRESCENT is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Windermere Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Warkworth Crescent |
| Feb 2024 | Drugs | Under investigation | On or near Wesley Way |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |