£795,697
This estimated value is based upon the latest sale price for the house of £342,500 on 5 Jul 2003. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £342,500 | 5 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 207 sq meters or 2,228 sq feet |
This model uses changes in the Official Land Registry House Price Index for DARLINGTON to estimate the market value.
When this house was purchased in July 2003 the House Price Index for DARLINGTON was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £342,500 results in an estimated price of approximately £795,697.
| 5 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £342,500 | £453,197 | £795,697 |
The Postcode Pricing Model uses changes in average sales price within the DL1 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 | 49.772 % | £170,470 | £512,970 |
| 3 Month Average | 92.816 % | £317,895 | £660,395 |
| 6 Month Average | 91.237 % | £312,487 | £654,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £99,933 | £100,000 | 10 BUCKINGHAM COURT MARLBOROUGH DRIVE |
| 30 Aug 2022 | £239,356 | £240,000 | 185 GRANGE ROAD |
| 12 Jul 2022 | £79,213 | £79,000 | 6 LOMBARD COURT MARLBOROUGH DRIVE |
| 25 May 2022 | £402,586 | £395,000 | 62 GRANGE ROAD |
| 29 Apr 2022 | £61,788 | £60,000 | 6 STRATTON COURT MARLBOROUGH DRIVE |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 2 Mar 2015. Using an estimated price of £795,698 means this house is valued at £3,843 per sq meter (£357 per sq foot).
The average size of a house on MARLBOROUGH DRIVE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Jan 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jan 2024 | Anti-social behaviour | On or near Petrol Station |