£119,801
This estimated value is based upon the latest sale price for the house of £73,000 on 16 Feb 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Fines Park
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| Price Paid | Date |
|---|---|
| £73,000 | 16 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in February 2007 the House Price Index for DURHAM was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £73,000 results in an estimated price of approximately £119,801.
| 16 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £73,000 | £46,801 | £119,801 |
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 | 67.755 % | £49,460 | £122,460 |
| 3 Month Average | 2.035 % | £1,485 | £74,485 |
| 6 Month Average | 3.856 % | £2,814 | £75,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £119,841 | £118,000 | 1 WESLEY COURT |
| 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 |
| 27 Apr 2023 | £73,372 | £72,000 | 3 LOW CHURCH STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Jul 2020. Using an estimated price of £119,801 means this house is valued at £1,497 per sq meter (£139 per sq foot).
The average size of a house on FINES PARK is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Fines Park |
| Sep 2024 | Violence and sexual offences | 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 |
| Jul 2024 | Anti-social behaviour | On or near Fines Park |