£174,364
This estimated value is based upon the latest sale price for the house of £130,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 26 Aug 2016 |
| £162,500 | 27 Nov 2006 |
| £45,000 | 15 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 August 2016 the House Price Index for DURHAM was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £130,000 results in an estimated price of approximately £174,364.
| 26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £130,000 | £44,364 | £174,364 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | -26.425 % | £-34,352 | £95,647 |
| 3 Month Average | 4.319 % | £5,614 | £135,614 |
| 6 Month Average | 9.829 % | £12,778 | £142,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £89,022 | £87,000 | 3 WILFRED STREET |
| 3 Oct 2023 | £85,441 | £83,500 | 10 WILFRED STREET |
| 22 Sep 2023 | £73,623 | £72,000 | 35 VICTOR STREET |
| 28 Jun 2023 | £79,595 | £78,000 | 6 WILFRED STREET |
| 26 Oct 2022 | £69,767 | £70,000 | 7 WILFRED STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 31 May 2016. Using an estimated price of £174,364 means this house is valued at £1,614 per sq meter (£149 per sq foot).
The average size of a house on OAKDALE TERRACE is 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wilfred Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Poplar Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Street |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victor Street |