£110,619
This estimated value is based upon the latest sale price for the house of £59,000 on 7 Apr 2009. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Fines Park
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| Price Paid | Date |
|---|---|
| £59,000 | 7 Apr 2009 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,008 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in April 2009 the House Price Index for COUNTY DURHAM was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £59,000 results in an estimated price of approximately £110,619.
| 7 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.491 % | £59,000 | £51,619 | £110,619 |
The Postcode Pricing Model uses changes in average sales price within the DH9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -4.393 % | £-2,591 | £56,408 |
| 3 Month Average | 10.173 % | £6,002 | £65,002 |
| 6 Month Average | 2.884 % | £1,701 | £60,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £119,841 | £118,000 | 1 WESLEY COURT |
| 1 Dec 2023 | £74,283 | £72,000 | 107 FINES PARK |
| 6 Nov 2023 | £66,693 | £65,000 | 95 FINES PARK |
| 6 Nov 2023 | £107,735 | £105,000 | 58 FINES PARK |
| 6 Oct 2023 | £72,650 | £71,000 | 5 WESLEY COURT |
This house has a floor area of 93 sq meters or 1,008 sq feet when measured on 15 Jan 2009. Using an estimated price of £110,620 means this house is valued at £1,180 per sq meter (£109 per sq foot).
The average size of a house on FINES PARK is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Fines Park | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fines Park |
| Sep 2024 | Drugs | Under investigation | On or near Fines Park |
| Aug 2024 | Burglary | Under investigation | On or near Fines Park |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fines Park |