£134,839
This estimated value is based upon the latest sale price for the house of £88,000 on 12 Dec 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Fairfield
More crime details
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Price Paid | Date |
---|---|
£88,000 | 12 Dec 2007 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 887 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 December 2007 the House Price Index for DURHAM was 95.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.227%.Applying this 53.227% change to the original purchase price of £88,000 results in an estimated price of approximately £134,839.
12 Dec 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 146.7 | 53.227 % | £88,000 | £46,839 | £134,839 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -19.790 % | £-17,415 | £70,584 |
3 Month Average | -4.265 % | £-3,753 | £84,246 |
6 Month Average | 7.166 % | £6,306 | £94,306 |
This house has a floor area of 82 sq meters or 887 sq feet when measured on 13 Apr 2011.
The average size of a house on FAIRFIELD is 94 sq meters (1,016 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairfield |
Feb 2024 | Other crime | Action to be taken by another organisation | On or near Fairfield |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairfield |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fairfield |
Jan 2024 | Other crime | Formal action is not in the public interest | On or near Metcalfe Road |