£224,977
This estimated value is based upon the latest sale price for the house of £182,000 on 23 May 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Oakerside Park
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| Price Paid | Date |
|---|---|
| £182,000 | 23 May 2019 |
| £120,000 | 21 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 May 2019 the House Price Index for DURHAM was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £182,000 results in an estimated price of approximately £224,977.
| 23 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £182,000 | £42,977 | £224,977 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -7.999 % | £-14,558 | £167,441 |
| 3 Month Average | -2.110 % | £-3,839 | £178,160 |
| 6 Month Average | 0.679 % | £1,235 | £183,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £99,236 | £97,500 | 24 SUNNY BLUNTS |
| 24 Apr 2023 | £108,670 | £107,500 | 4 LINDISFARNE |
| 6 Feb 2023 | £96,935 | £97,000 | 18 SUNNY BLUNTS |
| 4 Jan 2023 | £241,363 | £242,500 | 34 BYWELL DRIVE |
| 7 Apr 2022 | £161,678 | £157,000 | 8 BYWELL DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 20 Nov 2018. Using an estimated price of £224,977 means this house is valued at £2,102 per sq meter (£195 per sq foot).
The average size of a house on BYWELL DRIVE is 88 sq meters (947 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakerside Park |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Oakerside Park |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Oakerside Park |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Oakerside Park |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bywell Drive |