£147,097
This estimated value is based upon the latest sale price for the house of £119,950 on 23 Oct 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£119,950 | 23 Oct 2019 |
£84,247 | 5 Jul 2005 |
Semi-Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 October 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 22.632%.Applying this 22.632% change to the original purchase price of £119,950 results in an estimated price of approximately £147,097.
23 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £119,950 | £27,147 | £147,097 |
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 | 5.499 % | £6,595 | £126,545 |
3 Month Average | -28.850 % | £-34,605 | £85,344 |
6 Month Average | -10.690 % | £-12,822 | £107,127 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £47,609 | £47,000 | 14 ALBION AVENUE |
14 Aug 2023 | £110,971 | £110,000 | 35 HIGHLAND GARDENS |
31 Mar 2023 | £83,788 | £82,999 | 19 ALBION AVENUE |
13 Mar 2023 | £131,236 | £130,000 | 4 DEAN GARDENS |
24 Feb 2023 | £64,956 | £65,000 | 10 THORNHILL GARDENS |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 5 Dec 2017. Using an estimated price of £147,097 means this house is valued at £1,442 per sq meter (£133 per sq foot).
The average size of a house on THE OVAL is 114 sq meters (1,230 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dean Gardens |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southlands Gardens |
Mar 2024 | Anti-social behaviour | On or near Thornhill Gardens | |
Mar 2024 | Anti-social behaviour | On or near Highland Gardens | |
Feb 2024 | Anti-social behaviour | On or near Highland Gardens |