57, MIDDLEHAM CLOSE, OUSTON, CHESTER LE STREET, DH2 1TB - £39,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

57 MIDDLEHAM CLOSE is a large flat of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £49,695. It was last sold for £39,000 in June 2020, which was around 35% below the average June 2020 flat price in the County Durham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

57 MIDDLEHAM CLOSE Sold Prices

Land registry data shows two sales for 57 MIDDLEHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the County Durham local authority area for the corresponding sale date. Both of the two 57 MIDDLEHAM CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 26 JUN	£39,000	£60,283	35% below HPI
1999 5 MAR	£18,000	£27,949	36% below HPI

What might 57 MIDDLEHAM CLOSE be worth now?

57 MIDDLEHAM CLOSE might now be worth an estimated £49,695.

This is based on house price inflation of 27.4%, between June 2020 and May 2026, for flats, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.4% inflationary increase is applied to the most recent sale price for 57 MIDDLEHAM CLOSE of £39,000 on 26th June 2020. For the value to have increased from £39,000 to £49,695 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 57 MIDDLEHAM CLOSE has moved in line with the HPI for flats in the County Durham local authority area.
• The June 2020 sale price of £39,000 represented a fair market value for the property.
• The size, condition, and specification of 57 MIDDLEHAM CLOSE has not materially changed since June 2020.

How Large is 57 MIDDLEHAM CLOSE?

57 MIDDLEHAM CLOSE is 55m² according to the EPC inspection conducted in April 2019. This puts it in the largest 20% of flats in Urpeth, based on EPC data. 70% of flats are smaller than 57 MIDDLEHAM CLOSE, and 15% of flats are larger. Note that EPC data is not available for all properties in Urpeth.

57 MIDDLEHAM CLOSE: Plot

57 MIDDLEHAM CLOSE sits on a plot of roughly 0.146 of an acre, or 590m².

Where is 57 MIDDLEHAM CLOSE?

57 MIDDLEHAM CLOSE is located in OUSTON, in the DH2 postcode district.