£159,437
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 DURHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 4 Nov 2019 |
| £130,000 | 4 Nov 2019 |
| £70,000 | 9 Aug 2002 |
| Freehold |
| Floor Area: 84 sq meters or 904 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 November 2019 the House Price Index for DURHAM was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £130,000 results in an estimated price of approximately £159,437.
| 4 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £130,000 | £29,437 | £159,437 |
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 | -2.317 % | £-3,012 | £126,987 |
| 3 Month Average | 11.825 % | £15,372 | £145,372 |
| 6 Month Average | 5.782 % | £7,517 | £137,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £195,835 | £192,409 | 45 ST CHARLES ROAD |
| 17 Nov 2023 | £189,810 | £187,000 | 2 OVAL PARK |
| 8 Sep 2023 | £197,526 | £195,000 | 29 OVAL PARK |
| 4 Aug 2023 | £260,227 | £257,950 | 17 TUDHOE LANE |
| 18 Nov 2022 | £228,235 | £231,000 | 27 ST CHARLES ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 6 Nov 2014. Using an estimated price of £159,438 means this house is valued at £1,898 per sq meter (£176 per sq foot).
The average size of a house on OVAL PARK is 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oval Park |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Oval Park |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oval Park |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oval Park |
| Jan 2024 | Anti-social behaviour | On or near St Mary'S Grove |