£340,237
This estimated value is based upon the latest sale price for the house of £199,950 on 15 Dec 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £199,950 | 15 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,229 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 December 2011 the House Price Index for COUNTY DURHAM was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £199,950 results in an estimated price of approximately £340,237.
| 15 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.161 % | £199,950 | £140,287 | £340,237 |
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 | 21.121 % | £42,231 | £242,181 |
| 3 Month Average | -13.812 % | £-27,617 | £172,332 |
| 6 Month Average | 0.909 % | £1,817 | £201,767 |
This house has a floor area of 114 sq meters or 1,229 sq feet when measured on 16 Sep 2011.
The average size of a house on WATSON PARK is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Watson Park | |
| Feb 2024 | Anti-social behaviour | On or near Watson Park | |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Watson Park |
| Mar 2024 | Vehicle crime | Under investigation | On or near Dean Lane |
| Jan 2024 | Anti-social behaviour | On or near Dean Lane |