£89,806
This estimated value is based upon the latest sale price for the house of £72,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,000 | 4 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2018 the House Price Index for COUNTY DURHAM was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £72,000 results in an estimated price of approximately £89,806.
| 4 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £72,000 | £17,806 | £89,806 |
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 | -24.309 % | £-17,502 | £54,497 |
| 3 Month Average | -9.919 % | £-7,141 | £64,858 |
| 6 Month Average | -1.443 % | £-1,038 | £70,961 |
| 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 |
| 4 Aug 2023 | £260,227 | £257,950 | 17 TUDHOE LANE |
| 18 Jul 2023 | £63,859 | £63,000 | 11 ATTWOOD TERRACE |
| 28 Apr 2023 | £77,838 | £77,000 | 1 FRONT STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 22 Jan 2018. Using an estimated price of £89,807 means this house is valued at £1,301 per sq meter (£120 per sq foot).
The average size of a house on TUDHOE LANE is 102 sq meters (1,106 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 | Criminal damage and arson | Unable to prosecute suspect | On or near Front Street |