£95,929
This estimated value is based upon the latest sale price for the house of £34,000 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£34,000 | 26 Jul 2002 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 2002 the House Price Index for DARLINGTON was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £34,000 results in an estimated price of approximately £95,929.
26 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 149.7 | 182.145 % | £34,000 | £61,929 | £95,929 |
The Postcode Pricing Model uses changes in average sales price within the DL3 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 | 236.987 % | £80,575 | £114,575 |
3 Month Average | 126.471 % | £43,000 | £77,000 |
6 Month Average | 143.414 % | £48,760 | £82,760 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £62,000 | £62,000 | 78 LANSDOWNE STREET |
30 Apr 2024 | £55,482 | £55,000 | 15 ELDON STREET |
28 Mar 2024 | £53,319 | £52,500 | 41 LANSDOWNE STREET |
3 Nov 2023 | £105,170 | £102,500 | 30 WESTMORELAND STREET |
29 Sep 2023 | £91,517 | £89,500 | 32 LANSDOWNE STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Nov 2014. Using an estimated price of £95,929 means this house is valued at £1,199 per sq meter (£111 per sq foot).
The average size of a house on ELDON STREET is 70 sq meters (755 sq feet).