£272,999
This estimated value is based upon the latest sale price for the house of £222,500 on 13 Sep 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £222,500 | 13 Sep 2019 |
| £138,000 | 16 Jan 2004 |
| £148,000 | 16 Jan 2004 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 September 2019 the House Price Index for DURHAM was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £222,500 results in an estimated price of approximately £272,999.
| 13 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £222,500 | £50,499 | £272,999 |
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 | -2.600 % | £-5,785 | £216,715 |
| 3 Month Average | -28.659 % | £-63,766 | £158,733 |
| 6 Month Average | -11.819 % | £-26,297 | £196,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £275,742 | £275,000 | 12 ALDEBURGH WAY |
| 29 Apr 2022 | £324,387 | £315,000 | 37 RUNSWICK DRIVE |
| 14 Jan 2022 | £368,343 | £350,000 | 11 ALDEBURGH WAY |
| 2 Aug 2021 | £270,537 | £242,500 | 25 RUNSWICK DRIVE |
| 17 Jun 2021 | £370,159 | £345,000 | 38 ALDEBURGH WAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 1 Jul 2019. Using an estimated price of £273,000 means this house is valued at £3,067 per sq meter (£284 per sq foot).
The average size of a house on ALDEBURGH WAY is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Dalden Grove | |
| Dec 2023 | Anti-social behaviour | On or near Dalden Grove | |
| Dec 2023 | Anti-social behaviour | On or near Dalden Grove | |
| Dec 2023 | Anti-social behaviour | On or near Dalden Grove | |
| Jan 2024 | Public order | Under investigation | On or near Rockingham Close |