£51,212
This estimated value is based upon the latest sale price for the house of £46,500 on 20 Aug 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £46,500 | 20 Aug 2021 |
| £47,000 | 5 Nov 2014 |
| £24,500 | 19 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 935 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 August 2021 the House Price Index for DURHAM was 133.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 10.135%.Applying this 10.135% change to the original purchase price of £46,500 results in an estimated price of approximately £51,212.
| 20 Aug 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 146.7 | 10.135 % | £46,500 | £4,712 | £51,212 |
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 | -36.944 % | £-17,178 | £29,321 |
| 3 Month Average | -8.604 % | £-4,001 | £42,498 |
| 6 Month Average | 2.966 % | £1,379 | £47,879 |
This house has a floor area of 86 sq meters or 935 sq feet when measured on 13 Jan 2011.
The average size of a house on FERN AVENUE is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near School Terrace | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near School Terrace |
| Feb 2024 | Anti-social behaviour | On or near School Terrace | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near School Terrace |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Gladstone Street |