£355,243
This estimated value is based upon the latest sale price for the house of £249,995 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £249,995 | 31 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 July 2015 the House Price Index for COUNTY DURHAM was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £249,995 results in an estimated price of approximately £355,243.
| 31 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £249,995 | £105,248 | £355,243 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 39.695 % | £99,236 | £349,231 |
| 3 Month Average | 22.498 % | £56,243 | £306,238 |
| 6 Month Average | 16.251 % | £40,626 | £290,621 |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 21 Feb 2014.
The average size of a house on OATLANDS WAY is 120 sq meters (1,299 sq feet).
This house is the largest in the street with a floor area of 140 sq meters (1,506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Suffolk Way |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |