42, MIDDLEHAM CLOSE, OUSTON, CHESTER LE STREET, DH2 1TA - £78,000

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.

42 MIDDLEHAM CLOSE is a detached house, which could now be worth an estimated £224,175. It was last sold for £78,000 in April 2001, which was around 4% below the average April 2001 detached price in the County Durham local authority area.

42 MIDDLEHAM CLOSE Sold Prices

Land registry data shows two sales for 42 MIDDLEHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 42 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
2001 6 APR	£78,000	£81,541	4% below HPI
1997 19 SEP	£60,000	£74,108	19% below HPI

What might 42 MIDDLEHAM CLOSE be worth now?

42 MIDDLEHAM CLOSE might now be worth an estimated £224,175.

This is based on house price inflation of 187.4%, between April 2001 and May 2026, for detached houses, 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 187.4% inflationary increase is applied to the most recent sale price for 42 MIDDLEHAM CLOSE of £78,000 on 6th April 2001. For the value to have increased from £78,000 to £224,175 over the 24 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 42 MIDDLEHAM CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2001 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MIDDLEHAM CLOSE has not materially changed since April 2001.

Where is 42 MIDDLEHAM CLOSE?

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