£262,317
This estimated value is based upon the latest sale price for the house of £265,000 on 8 Jul 2022. 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 Alder Lea Close
More crime details
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| Price Paid | Date |
|---|---|
| £265,000 | 8 Jul 2022 |
| £120,000 | 6 Nov 2013 |
| Detached |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 July 2022 the House Price Index for COUNTY DURHAM was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £265,000 results in an estimated price of approximately £262,317.
| 8 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £265,000 | £-2,682 | £262,317 |
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 | -15.575 % | £-41,272 | £223,727 |
| 3 Month Average | 4.893 % | £12,965 | £277,965 |
| 6 Month Average | -1.435 % | £-3,802 | £261,197 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 13 Mar 2013.
The average size of a house on ALDERLEA CLOSE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Alder Lea Close |
| Mar 2024 | Anti-social behaviour | On or near Willowtree Avenue | |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Beechcroft Close |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Hawthorn Crescent |
| Mar 2024 | Anti-social behaviour | On or near Rowan Tree Avenue |