£166,777
This estimated value is based upon the latest sale price for the house of £135,000 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £135,000 | 8 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £135,000 results in an estimated price of approximately £166,777.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £135,000 | £31,777 | £166,777 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -10.214 % | £-13,789 | £121,210 |
| 3 Month Average | -3.466 % | £-4,679 | £130,320 |
| 6 Month Average | -5.639 % | £-7,613 | £127,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £213,740 | £210,000 | 15 OXFORD STREET |
| 24 Nov 2023 | £131,954 | £130,000 | 114 BYERLEY ROAD |
| 18 Aug 2023 | £128,121 | £127,000 | 19 DRYBOURNE PARK |
| 3 Jul 2023 | £152,046 | £150,000 | 24 DIAMOND STREET |
| 29 Jun 2023 | £141,712 | £139,995 | 7 DRYBOURNE PARK |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 14 Aug 2018. Using an estimated price of £166,777 means this house is valued at £1,939 per sq meter (£180 per sq foot).
There is one other house on the street which we know the size of, this is 13 OXFORD STREET it is 120.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Oxford Street | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxford Street |
| Dec 2023 | Anti-social behaviour | On or near Oxford Street | |
| Dec 2023 | Anti-social behaviour | On or near Oxford Street | |
| Dec 2023 | Anti-social behaviour | On or near Oxford Street |