£97,761
This estimated value is based upon the latest sale price for the house of £97,500 on 11 Jan 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £97,500 | 11 Jan 2023 |
| £89,995 | 16 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 33 sq meters or 357 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 January 2023 the House Price Index for COUNTY DURHAM was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £97,500 results in an estimated price of approximately £97,761.
| 11 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £97,500 | £261 | £97,761 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -27.777 % | £-27,082 | £70,417 |
| 3 Month Average | -21.675 % | £-21,133 | £76,366 |
| 6 Month Average | -24.204 % | £-23,599 | £73,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £33,289 | £33,000 | 127 YODEN ROAD |
| 20 Dec 2023 | £103,698 | £100,512 | 52 FAIRBAIRN ROAD |
| 10 Nov 2023 | £48,481 | £47,250 | 6 BUDDLE CLOSE |
| 3 Nov 2023 | £73,875 | £72,000 | 49 FAIRBAIRN ROAD |
| 13 Oct 2023 | £67,841 | £66,300 | 70 FAIRBAIRN ROAD |
This house has a floor area of 33 sq meters or 357 sq feet when measured on 6 Oct 2011. Using an estimated price of £97,761 means this house is valued at £2,944 per sq meter (£273 per sq foot).
The average size of a house on FAIRBAIRN ROAD is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Further investigation is not in the public interest | On or near Ramsey Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramsey Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ramsey Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Jarvis Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Jarvis Road |