£137,854
This estimated value is based upon the latest sale price for the house of £119,950 on 14 Jul 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£119,950 | 14 Jul 2021 |
£102,000 | 12 Feb 2007 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 July 2021 the House Price Index for DURHAM was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £119,950 results in an estimated price of approximately £137,854.
14 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £119,950 | £17,904 | £137,854 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -4.550 % | £-5,458 | £114,491 |
3 Month Average | -6.742 % | £-8,086 | £111,863 |
6 Month Average | 1.014 % | £1,216 | £121,166 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £116,569 | £115,000 | 37 WHITFIELD COURT |
31 Mar 2023 | £131,186 | £129,950 | GREEN ACRES THE BUNGALOWS |
10 Mar 2023 | £292,758 | £290,000 | 29 MERE DRIVE |
29 Sep 2022 | £84,319 | £85,000 | 45 HUDSPETH CRESCENT |
29 Jul 2022 | £118,318 | £118,000 | 25 HUDSPETH CRESCENT |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 Nov 2018. Using an estimated price of £137,854 means this house is valued at £1,790 per sq meter (£166 per sq foot).
The average size of a house on OXLEY TERRACE is 94 sq meters (1,015 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near The Avenue |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hudspeth Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hudspeth Crescent |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hudspeth Crescent |