£145,493
This estimated value is based upon the latest sale price for the house of £83,000 on 19 Apr 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £83,000 | 19 Apr 2006 |
| £52,000 | 15 Feb 2002 |
| £15,000 | 8 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 April 2006 the House Price Index for DURHAM was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £83,000 results in an estimated price of approximately £145,493.
| 19 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 148.6 | 75.293 % | £83,000 | £62,493 | £145,493 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 41.819 % | £34,709 | £117,709 |
| 3 Month Average | 13.591 % | £11,280 | £94,280 |
| 6 Month Average | 15.816 % | £13,127 | £96,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £70,229 | £69,000 | 48 BEECHFIELD |
| 1 Sep 2023 | £111,425 | £110,000 | 52 OAKFIELD |
| 27 Jun 2023 | £84,524 | £83,500 | 96 OAKFIELD |
| 25 Nov 2022 | £90,899 | £92,000 | 92 BEECHFIELD |
| 30 Jun 2022 | £136,935 | £135,000 | 18 OAKFIELD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 22 Aug 2016. Using an estimated price of £145,493 means this house is valued at £1,581 per sq meter (£146 per sq foot).
The average size of a house on OAKFIELD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oakfield |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oakfield |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oakfield |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oakfield |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Beechfield |