£140,297
This estimated value is based upon the latest sale price for the house of £115,000 on 3 Jun 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £115,000 | 3 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 June 2020 the House Price Index for COUNTY DURHAM was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £115,000 results in an estimated price of approximately £140,297.
| 3 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £115,000 | £25,297 | £140,297 |
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 | 33.547 % | £38,578 | £153,578 |
| 3 Month Average | 40.400 % | £46,460 | £161,460 |
| 6 Month Average | 32.783 % | £37,700 | £152,700 |
| 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 98 sq meters or 1,054 sq feet when measured on 16 Aug 2019. Using an estimated price of £140,298 means this house is valued at £1,431 per sq meter (£133 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Low Church Street |
| Oct 2024 | Anti-social behaviour | On or near Fines Park | |
| Sep 2024 | Drugs | Under investigation | On or near Fines Park |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fines Park |