£201,264
This estimated value is based upon the latest sale price for the house of £197,500 on 4 Apr 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £197,500 | 4 Apr 2023 |
| £100,000 | 9 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 April 2023 the House Price Index for COUNTY DURHAM was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £197,500 results in an estimated price of approximately £201,264.
| 4 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £197,500 | £3,764 | £201,264 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -7.662 % | £-15,131 | £182,368 |
| 3 Month Average | 10.369 % | £20,479 | £217,979 |
| 6 Month Average | 2.662 % | £5,258 | £202,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £320,000 | £320,000 | 3 WILLOWTREE AVENUE |
| 8 Mar 2024 | £192,965 | £190,000 | 29 HAWTHORN CRESCENT |
| 30 Nov 2023 | £187,766 | £183,000 | 3 POPLAR DRIVE |
| 9 Aug 2023 | £264,775 | £260,000 | 32 ROWAN TREE AVENUE |
| 30 Jun 2023 | £168,374 | £165,000 | 13 WILLOWTREE AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 Jan 2018. Using an estimated price of £201,264 means this house is valued at £2,916 per sq meter (£270 per sq foot).
The average size of a house on ALDERLEA CLOSE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Alder Lea Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Willowtree Avenue |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Willowtree Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Conifer Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rowan Tree Avenue |