£145,698
This estimated value is based upon the latest sale price for the house of £117,000 on 10 May 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£117,000 | 10 May 2019 |
£115,000 | 4 Apr 2016 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 May 2019 the House Price Index for COUNTY DURHAM was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £117,000 results in an estimated price of approximately £145,698.
10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £117,000 | £28,698 | £145,698 |
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 | 34.402 % | £40,250 | £157,250 |
3 Month Average | -1.952 % | £-2,283 | £114,716 |
6 Month Average | -2.725 % | £-3,188 | £113,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £83,280 | £82,000 | 11 FRONT STREET |
17 Nov 2023 | £191,870 | £187,000 | 2 OVAL PARK |
8 Sep 2023 | £199,396 | £195,000 | 29 OVAL PARK |
4 Aug 2023 | £262,688 | £257,950 | 17 TUDHOE LANE |
28 Apr 2023 | £78,468 | £77,000 | 1 FRONT STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Nov 2015. Using an estimated price of £145,699 means this house is valued at £1,968 per sq meter (£182 per sq foot).
The average size of a house on TUDHOE LANE is 102 sq meters (1,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Oval Park | |
Jun 2024 | Anti-social behaviour | On or near Oval Park | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oval Park |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oval Park |
May 2024 | Other crime | Unable to prosecute suspect | On or near Oval Park |