31, MIDDLEHAM CLOSE, OUSTON, CHESTER LE STREET, DH2 1TA - £86,000

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.

31 MIDDLEHAM CLOSE is a small flat of 42m², built sometime between 1976 and 1982, which could now be worth an estimated £81,356. It was last sold for £86,000 in July 2006, which was around 6% above the average July 2006 flat price in the County Durham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

31 MIDDLEHAM CLOSE Sold Prices

Land registry data shows two sales for 31 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 31 MIDDLEHAM CLOSE sales were for above 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
2006 27 JUL	£86,000	£81,199	6% above HPI
2004 30 APR	£72,500	£57,216	27% above HPI

What might 31 MIDDLEHAM CLOSE be worth now?

31 MIDDLEHAM CLOSE might now be worth an estimated £81,356.

This is based on house price deflation of 5.4%, between July 2006 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 5.4% deflationary decrease is applied to the most recent sale price for 31 MIDDLEHAM CLOSE of £86,000 on 27th July 2006. For the value to have decreased from £86,000 to £81,356 over the twenty years and two months to May 2026, the following assumptions must hold true:

• The value of 31 MIDDLEHAM CLOSE has moved in line with the HPI for flats in the County Durham local authority area.
• The July 2006 sale price of £86,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MIDDLEHAM CLOSE has not materially changed since July 2006.

How Large is 31 MIDDLEHAM CLOSE?

31 MIDDLEHAM CLOSE is 42m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of flats in Urpeth, based on EPC data. 21% of flats are smaller than 31 MIDDLEHAM CLOSE, and 77% of flats are larger. Note that EPC data is not available for all properties in Urpeth.

31 MIDDLEHAM CLOSE: Plot

31 MIDDLEHAM CLOSE sits on a plot of roughly 0.255 of an acre, or 1,030m².

Where is 31 MIDDLEHAM CLOSE?

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