36, BRADLEY CLOSE, OUSTON, CHESTER LE STREET, DH2 1TH - £28,500

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.

36 BRADLEY CLOSE is a very small flat of 23m², built sometime between 1983 and 1990, which could now be worth an estimated £34,548. It was last sold for £28,500 in July 2019, which was around 55% below the average July 2019 flat price in the County Durham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

36 BRADLEY CLOSE Sold Prices

Land registry data shows four sales for 36 BRADLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the County Durham local authority area for the corresponding sale date. All of the four 36 BRADLEY 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
2019 3 JUL	£28,500	£63,366	55% below HPI
2015 3 DEC	£20,000	£61,276	67% below HPI
2003 26 JUN	£18,000	£47,928	62% below HPI
2002 31 MAY	£15,000	£36,951	59% below HPI

What might 36 BRADLEY CLOSE be worth now?

36 BRADLEY CLOSE might now be worth an estimated £34,548.

This is based on house price inflation of 21.2%, between July 2019 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 21.2% inflationary increase is applied to the most recent sale price for 36 BRADLEY CLOSE of £28,500 on 3rd July 2019. For the value to have increased from £28,500 to £34,548 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 36 BRADLEY CLOSE has moved in line with the HPI for flats in the County Durham local authority area.
• The July 2019 sale price of £28,500 represented a fair market value for the property.
• The size, condition, and specification of 36 BRADLEY CLOSE has not materially changed since July 2019.

How Large is 36 BRADLEY CLOSE?

36 BRADLEY CLOSE is 23m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of flats in Urpeth, based on EPC data. 2% of flats are smaller than 36 BRADLEY CLOSE, and 92% of flats are larger. Note that EPC data is not available for all properties in Urpeth.

36 BRADLEY CLOSE: Plot

36 BRADLEY CLOSE sits on a plot of roughly 0.123 of an acre, or 499m².

Where is 36 BRADLEY CLOSE?

36 BRADLEY CLOSE is located in OUSTON, in the DH2 postcode district.