£160,618
This estimated value is based upon the latest sale price for the house of £130,000 on 4 Nov 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 4 Nov 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 November 2019 the House Price Index for COUNTY DURHAM was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £130,000 results in an estimated price of approximately £160,618.
| 4 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £130,000 | £30,618 | £160,618 |
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 | 0.283 % | £368 | £130,368 |
| 3 Month Average | 58.316 % | £75,810 | £205,810 |
| 6 Month Average | 20.376 % | £26,488 | £156,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £83,280 | £82,000 | 11 FRONT STREET |
| 1 Dec 2023 | £198,509 | £192,409 | 45 ST CHARLES ROAD |
| 22 Nov 2023 | £148,777 | £145,000 | 25 OVAL PARK |
| 17 Nov 2023 | £191,870 | £187,000 | 2 OVAL PARK |
| 8 Sep 2023 | £199,396 | £195,000 | 29 OVAL PARK |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 30 Apr 2018. Using an estimated price of £160,618 means this house is valued at £2,471 per sq meter (£229 per sq foot).
The average size of a house on OVAL PARK is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area |