£159,362
This estimated value is based upon the latest sale price for the house of £131,000 on 29 Nov 2018. 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 Alnwick Close
More crime details
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| Price Paid | Date |
|---|---|
| £131,000 | 29 Nov 2018 |
| £42,950 | 4 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2018 the House Price Index for DURHAM was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £131,000 results in an estimated price of approximately £159,362.
| 29 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £131,000 | £28,362 | £159,362 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | -3.425 % | £-4,486 | £126,513 |
| 3 Month Average | -15.305 % | £-20,048 | £110,951 |
| 6 Month Average | -3.831 % | £-5,018 | £125,981 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 8 Jul 2016.
The average size of a house on RICHMOND AVENUE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Alnwick Close |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Langley Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arundel Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ediscum Garth |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Lambton Drive |