£171,333
This estimated value is based upon the latest sale price for the house of £126,500 on 28 Apr 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£126,500 | 28 Apr 2016 |
£60,000 | 8 Jul 1997 |
Semi-Detached |
Leasehold |
Floor Area: 60 sq meters or 645 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 April 2016 the House Price Index for DURHAM was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £126,500 results in an estimated price of approximately £171,333.
28 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £126,500 | £44,833 | £171,333 |
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 | -10.548 % | £-13,343 | £113,156 |
3 Month Average | -20.780 % | £-26,286 | £100,213 |
6 Month Average | -5.891 % | £-7,452 | £119,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £189,810 | £187,000 | 2 OVAL PARK |
8 Sep 2023 | £197,526 | £195,000 | 29 OVAL PARK |
28 Apr 2023 | £77,838 | £77,000 | 1 FRONT STREET |
31 Aug 2022 | £164,557 | £165,000 | 56 OVAL PARK |
19 Aug 2022 | £84,722 | £84,950 | 6 FRONT STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 18 Feb 2016. Using an estimated price of £171,334 means this house is valued at £2,855 per sq meter (£265 per sq foot).
The average size of a house on OVAL PARK is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Oval Park |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Oval Park |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Oval Park |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Oval Park |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St David'S Close |