£86,975
This estimated value is based upon the latest sale price for the house of £70,000 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 31 Jul 2019 |
| £47,750 | 5 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 July 2019 the House Price Index for DURHAM was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £70,000 results in an estimated price of approximately £86,975.
| 31 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £70,000 | £16,975 | £86,975 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 42.593 % | £29,814 | £99,814 |
| 3 Month Average | 28.235 % | £19,764 | £89,764 |
| 6 Month Average | -7.262 % | £-5,083 | £64,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £86,326 | £85,000 | 4 BOWES CLOSE |
| 22 Dec 2023 | £82,536 | £80,000 | 13 HYLTON ROAD |
| 7 Nov 2023 | £86,188 | £84,000 | 77 SKIPTON CLOSE |
| 1 Mar 2023 | £53,900 | £53,000 | 69 SKIPTON CLOSE |
| 25 Apr 2022 | £72,620 | £70,000 | 13 LUMLEY CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Feb 2019. Using an estimated price of £86,975 means this house is valued at £1,035 per sq meter (£96 per sq foot).
The average size of a house on ALNWICK CLOSE is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alnwick Close |
| Oct 2024 | Other theft | Under investigation | On or near Stanhope Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stanhope Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Bowes Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Skipton Close |