According to the public record, 36, Alverton Drive, Newton Aycliffe is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 996 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Alverton Drive, Newton Aycliffe, DL5 is located within the DL5 postal district.
36, Alverton Drive, Newton Aycliffe has a single entry in the Land Registry database from March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 36 Alverton Drive Newton Aycliffe as £214,124 and the rental value as £911 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 36 Alverton Drive Newton Aycliffe has increased by £2,882 (1.3%) and its rental value has increased by £83 per month (9.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 36, Alverton Drive, Newton Aycliffe is in very good condition we estimate a sale value of £224,830 and rental value of £956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,135 and a rental value of £847 per month.
If you were able to purchase this property for the estimated value of £214,124, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,052 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 36, Alverton Drive, Newton Aycliffe was last sold on 28 Mar 2008 for £190,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Alverton Drive, Newton Aycliffe within a radius of 650 metres over the last 2 years.
The most recent example is 39, Alverton Drive, Newton Aycliffe, DL5 7PP, a Freehold house which sold for £207,000 in Jul 2023.
Read more about house prices in DL5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alverton Drive, Newton Aycliffe, DL5 has a total of 59 addresses. According to our analysis of all the public data, 36, Alverton Drive, Newton Aycliffe is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in DL5.
The closest station to 36, Alverton Drive, Newton Aycliffe is Newton Aycliffe station which is 1.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 36, Alverton Drive, Newton Aycliffe, 64.1% of property is privately owned outright and 34.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 36, Alverton Drive, Newton Aycliffe, 16.4% of residents are recorded as possessing school level qualifications and 38.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 36, Alverton Drive, Newton Aycliffe, the average age was 44.8 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 36, Alverton Drive, Newton Aycliffe, 2.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 36, Alverton Drive, Newton Aycliffe, there are an average of 1.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.