£164,876
This estimated value is based upon the latest sale price for the house of £133,000 on 21 Aug 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £133,000 | 21 Aug 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 63 sq meters or 684 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 August 2019 the House Price Index for COUNTY DURHAM was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £133,000 results in an estimated price of approximately £164,876.
| 21 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £133,000 | £31,876 | £164,876 |
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 | -27.687 % | £-36,824 | £96,175 |
| 3 Month Average | 26.500 % | £35,245 | £168,245 |
| 6 Month Average | 6.906 % | £9,184 | £142,184 |
| 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 63 sq meters or 684 sq feet when measured on 2 Nov 2011. Using an estimated price of £164,877 means this house is valued at £2,593 per sq meter (£240 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 | |
| Jun 2024 | Anti-social behaviour | On or near Oval Park | |
| Jun 2024 | Anti-social behaviour | On or near Oval Park | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |