£247,165
This estimated value is based upon the latest sale price for the house of £149,950 on 11 Oct 2013. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £149,950 | 11 Oct 2013 |
| £159,950 | 5 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 October 2013 the House Price Index for DURHAM was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £149,950 results in an estimated price of approximately £247,165.
| 11 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £149,950 | £97,215 | £247,165 |
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 | 30.035 % | £45,038 | £194,988 |
| 3 Month Average | 20.481 % | £30,710 | £180,660 |
| 6 Month Average | 18.419 % | £27,618 | £177,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £255,810 | £250,000 | 1 ALDER GROVE |
| 23 Aug 2023 | £168,031 | £165,000 | 22 ALDER GROVE |
| 30 Jun 2023 | £244,908 | £240,000 | 17 ALDER GROVE |
| 1 Feb 2023 | £179,197 | £178,000 | 18 ALMOND WAY |
| 27 Jan 2023 | £350,938 | £350,000 | 5 ELDERBERRY CLOSE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 7 Nov 2016. Using an estimated price of £247,165 means this house is valued at £2,112 per sq meter (£196 per sq foot).
The average size of a house on ALDER GROVE is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Fox Cover Court | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fox Cover Court |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmtree Court |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Elmtree Court |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmtree Court |