£193,479
This estimated value is based upon the latest sale price for the house of £124,950 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£124,950 | 27 Jun 2014 |
£50,000 | 27 Jul 2001 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 June 2014 the House Price Index for DURHAM was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £124,950 results in an estimated price of approximately £193,479.
27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £124,950 | £68,529 | £193,479 |
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 | 123.499 % | £154,312 | £279,262 |
3 Month Average | 7.986 % | £9,977 | £134,927 |
6 Month Average | 2.332 % | £2,914 | £127,864 |
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 87 sq meters or 936 sq feet when measured on 29 Aug 2012. Using an estimated price of £193,479 means this house is valued at £2,223 per sq meter (£206 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 |