56 FAIRBAIRN ROAD

£606,674

Full Address

56 FAIRBAIRN ROAD
PETERLEE
COUNTY DURHAM
UNITED KINGDOM
SR8 5EW

Estimated Market Value

£606,674

This estimated value is based upon the latest sale price for the house of £99,000 on 26 Jun 2024. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1

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Map

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Transactions for this house
Price PaidDate
£99,00026 Jun 2024
£97,50011 Jan 2023
£89,99516 Dec 2011
House Details
Semi-Detached
Freehold
Floor Area: 33 sq meters or 357 sq feet

House Price Models

Land Registry House Price Index Model

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 2024 the House Price Index for COUNTY DURHAM was 24.4.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.

Applying this 512.803% change to the original purchase price of £99,000 results in an estimated price of approximately £606,674.

26 Jun 2024 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
24.4 149.7 512.803 % £99,000 £507,674 £606,674

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 -16.276 % £-16,113 £82,886
3 Month Average 3.583 % £3,546 £102,546
6 Month Average -5.587 % £-5,530 £93,469
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
12 Apr 2024 £33,289 £33,000 127 YODEN ROAD
21 Mar 2024 £76,170 £75,000 10 BUDDLE CLOSE
20 Dec 2023 £103,698 £100,512 52 FAIRBAIRN ROAD
18 Dec 2023 £350,779 £340,000 132 - 134 YODEN ROAD
10 Nov 2023 £48,481 £47,250 6 BUDDLE CLOSE

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House Size

This house has a floor area of 33 sq meters or 357 sq feet when measured on 6 Oct 2011.

The average size of a house on FAIRBAIRN ROAD is 72 sq meters (778 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Oct 2024 Other crime Under investigation On or near Ramsey Close
Oct 2024 Violence and sexual offences Under investigation On or near Ramsey Close
Oct 2024 Drugs Under investigation On or near Ramsey Close
Oct 2024 Violence and sexual offences Under investigation On or near Ramsey Close
Oct 2024 Violence and sexual offences Under investigation On or near Ramsey Close

View full details of these crimes and others in this area

Companies Near Here
SONAR BANGLA SPICE LTD
134 Yoden Road Peterlee United Kingdom SR8 5DY
HKE PETERLEE LTD
122 Yoden Road Peterlee United Kingdom SR8 5DY
SIGNATURE SAVINGS LTD
2 Royal Court Yoden Road Peterlee England SR8 5DY
CAIRO LUXORA LTD
5 Royal Court Yoden Road Peterlee England SR8 5DY
KNA CONVENIENCE STORE LTD
132 Yoden Road Peterlee Durham England SR8 5DY

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People Near Here
MAHENDRAN RAJU Historic Information DIRECTOR
134A YODEN ROAD, SR8 5DY
MRS Syeda Nasima BEGUM Director
134 Yoden Road, SR8 5DY
Syeda Sumaiyya Begum Historic Information
134 Yoden Road, SR8 5DY
MS DELLA MARIE PROUT
9 JARVIS ROAD, SR8 5EJ
MRS KATHERINE JANE HARDMAN
SUNSHINE DAY NURSERY O'NEIL DRIVE, SR8 5DU
Mr Stephen O'Dwyer
5 Jarvis Road, SR8 5EJ
MR KEITH WILLIAM HOCKADAY DIRECTOR
4 FAIRBAIRN ROAD, SR8 5EQ
Mr Paul Darryl Webster
22 Armstrong Road, North East Industrial Estate, SR8 5AJ
MISS DONNA LAMB Historic Information ADMINISTRATOR
2 SMILLIE CLOSE, SR8 5JH
ANDREW DEAN
4 AMERSHAM CRESCENT, SR8 5JJ
Mahendran Raju
134a Yoden Road, SR8 5DY
MISS KAY BRECHIN Historic Information
27 FAIRBAIRN ROAD, SR8 5EN
MRS ANGELA NEWHOUSE DIRECTOR
18 ARMSTRONG ROAD, NORTH EAST INDUSTRIAL EST, SR8 5AJ
WILLIAM RICHARD DOWLAND RANGELEY Historic Information TECHNICAL
3 ARMSTRONG ROAD, NORTH EAST INDUSTRIAL ES, SR8 5AE
CAROL REAPER
13 CRAWFORD AVENUE, SR8 5EG
Richard Carlton Dodds
22 Armstrong Road, North East Industrial Estate, SR8 5AJ
MR Geoffrey HERBERT Managing Director
3 Armstrong Road, SR8 5AE
MR ANTHONY EDWARD WILSON OPERATIONS DIRECTOR
3 ARMSTRONG ROAD, NORTH EAST, IND EST, PETERLEE, SR8 5AE
MRS KAREN EWAN DIRECTOR
10 FAIRBAIRN ROAD, SR8 5EQ
MR RICHARD CARLTON DODDS COMPANY DIRECTOR
22 ARMSTRONG ROAD, NORTH EAST INDUSTRIAL ESTATE, SR8 5AJ
Mrs Margaret Webster
22 Armstrong Road, North East Industrial Estate, SR8 5AJ
MS DELLA PROUT NONE
9 JARVIS ROAD, SR8 5EJ
Mr Michael Ewan Historic Information
10 Fairbairn Road, SR8 5EQ
MR ALAN RICHARD NEWHOUSE AUTO ELECTRICIAN
18 ARMSTRONG ROAD, NORTH EAST INDUSTRIAL ESTATE, SR8 5AJ
MR JOHN GRAHAM MONKHOUSE Historic Information ACCOUNTANT
3 ARMSTRONG ROAD, NORTH EAST, IND EST, PETERLEE, SR8 5AE
RICHARD CARLTON DODDS MANAGING DIRECTOR
22 ARMSTRONG ROAD, NORTH EAST INDUSTRIAL ESTATE, SR8 5AJ

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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