£161,226
This estimated value is based upon the latest sale price for the house of £97,500 on 16 Aug 2013. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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Price Paid | Date |
---|---|
£97,500 | 16 Aug 2013 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 August 2013 the House Price Index for DARLINGTON was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £97,500 results in an estimated price of approximately £161,226.
16 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 148.6 | 65.360 % | £97,500 | £63,726 | £161,226 |
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 | 21.922 % | £21,373 | £118,873 |
3 Month Average | 22.494 % | £21,931 | £119,431 |
6 Month Average | 20.961 % | £20,437 | £117,937 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2023 | £124,916 | £125,000 | 14 THE CAUSEWAY |
16 Jan 2023 | £124,414 | £125,000 | 39 THE STRAY |
3 Aug 2022 | £120,675 | £121,000 | 4 THE CAUSEWAY |
20 Apr 2022 | £133,874 | £130,000 | 20 THE BROADWAY |
21 Jan 2022 | £137,865 | £131,000 | 35 THE CAUSEWAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Mar 2013. Using an estimated price of £161,226 means this house is valued at £2,643 per sq meter (£245 per sq foot).
The average size of a house on THE CAUSEWAY is 77 sq meters (838 sq feet).