£58,680
This estimated value is based upon the latest sale price for the house of £40,000 on 9 Jan 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Fern Crescent
More crime details
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| Price Paid | Date |
|---|---|
| £40,000 | 9 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2015 the House Price Index for COUNTY DURHAM was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £40,000 results in an estimated price of approximately £58,680.
| 9 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £40,000 | £18,680 | £58,680 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 30.657 % | £12,262 | £52,262 |
| 3 Month Average | 11.434 % | £4,573 | £44,573 |
| 6 Month Average | 27.554 % | £11,021 | £51,021 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 24 Jul 2014.
The average size of a house on FERN CRESCENT is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Fern Crescent |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Fern Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jasmine Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jasmine Crescent |
| Mar 2024 | Anti-social behaviour | On or near Maple Crescent |