£140,604
This estimated value is based upon the latest sale price for the house of £114,000 on 22 Jul 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Oak Lane
More crime details
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| Price Paid | Date |
|---|---|
| £114,000 | 22 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2019 the House Price Index for COUNTY DURHAM was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £114,000 results in an estimated price of approximately £140,604.
| 22 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £114,000 | £26,604 | £140,604 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 1.744 % | £1,987 | £115,987 |
| 3 Month Average | 10.905 % | £12,432 | £126,432 |
| 6 Month Average | 14.537 % | £16,571 | £130,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £263,907 | £260,000 | 52 THE BRIARY |
| 21 Jul 2023 | £202,729 | £200,000 | 25 CHURCHILL CLOSE |
| 7 Jul 2023 | £187,524 | £185,000 | 58 THE BRIARY |
| 13 Jun 2023 | £318,862 | £315,000 | 14 CHURCHILL CLOSE |
| 3 Aug 2022 | £370,652 | £371,650 | 22 BRIARY GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 20 Oct 2018. Using an estimated price of £140,605 means this house is valued at £1,654 per sq meter (£153 per sq foot).
The average size of a house on CHURCHILL CLOSE is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Oak Lane |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Oak Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Street |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Derwent Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Co-Operative Terrace |