£398,264
This estimated value is based upon the latest sale price for the house of £315,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £315,000 | 31 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 January 2018 the House Price Index for COUNTY DURHAM was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £315,000 results in an estimated price of approximately £398,264.
| 31 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £315,000 | £83,264 | £398,264 |
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 | 116.838 % | £368,040 | £683,040 |
| 3 Month Average | 32.296 % | £101,731 | £416,731 |
| 6 Month Average | 18.697 % | £58,894 | £373,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 31 Aug 2022 | £165,775 | £165,000 | 56 OVAL PARK |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 1 Mar 2016. Using an estimated price of £398,264 means this house is valued at £2,370 per sq meter (£220 per sq foot).
The average size of a house on TUDHOE LANE is 102 sq meters (1,106 sq feet).
This house is the largest in the street with a floor area of 168 sq meters (1,808 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 | Criminal damage and arson | Unable to prosecute suspect | On or near Oval Park |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oval Park |