58, MIDDLEHAM CLOSE, OUSTON, CHESTER LE STREET, DH2 1TB - £67,500

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.

58 MIDDLEHAM CLOSE is a small flat of 49m², built sometime between 1967 and 1975, which could now be worth an estimated £72,167. It was last sold for £67,500 in February 2022, which was around 6% below the average February 2022 flat price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

58 MIDDLEHAM CLOSE Sold Prices

Land registry data shows two sales for 58 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. One of the two 58 MIDDLEHAM CLOSE sales was for below the average price, whilst the other was 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
2022 18 FEB	£67,500	£71,846	6% below HPI
2006 22 FEB	£81,500	£80,073	2% above HPI

What might 58 MIDDLEHAM CLOSE be worth now?

58 MIDDLEHAM CLOSE might now be worth an estimated £72,167.

This is based on house price inflation of 6.9%, between February 2022 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 6.9% inflationary increase is applied to the most recent sale price for 58 MIDDLEHAM CLOSE of £67,500 on 18th February 2022. For the value to have increased from £67,500 to £72,167 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 58 MIDDLEHAM CLOSE has moved in line with the HPI for flats in the County Durham local authority area.
• The February 2022 sale price of £67,500 represented a fair market value for the property.
• The size, condition, and specification of 58 MIDDLEHAM CLOSE has not materially changed since February 2022.

How Large is 58 MIDDLEHAM CLOSE?

58 MIDDLEHAM CLOSE is 49m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of flats in Urpeth, based on EPC data. 29% of flats are smaller than 58 MIDDLEHAM CLOSE, and 70% of flats are larger. Note that EPC data is not available for all properties in Urpeth.

58 MIDDLEHAM CLOSE: Plot

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

Where is 58 MIDDLEHAM CLOSE?

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