£197,261
This estimated value is based upon the latest sale price for the house of £122,000 on 17 Dec 2013. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £122,000 | 17 Dec 2013 |
| £56,500 | 12 May 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 December 2013 the House Price Index for DURHAM was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £122,000 results in an estimated price of approximately £197,261.
| 17 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £122,000 | £75,261 | £197,261 |
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 | 8.341 % | £10,176 | £132,176 |
| 3 Month Average | -6.936 % | £-8,461 | £113,538 |
| 6 Month Average | -8.037 % | £-9,805 | £112,194 |
| 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 |
| 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 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 14 May 2012. Using an estimated price of £197,262 means this house is valued at £3,181 per sq meter (£295 per sq foot).
The average size of a house on OVAL PARK is 82 sq meters (884 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 | Criminal damage and arson | Unable to prosecute suspect | On or near Oval Park |
| May 2024 | Other crime | 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 |