£163,718
This estimated value is based upon the latest sale price for the house of £160,000 on 30 Oct 2023. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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Price Paid | Date |
---|---|
£160,000 | 30 Oct 2023 |
£52,500 | 24 Jul 2015 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 October 2023 the House Price Index for DARLINGTON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £160,000 results in an estimated price of approximately £163,718.
30 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £160,000 | £3,718 | £163,718 |
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 | -29.788 % | £-47,661 | £112,338 |
3 Month Average | 11.738 % | £18,780 | £178,780 |
6 Month Average | 6.360 % | £10,175 | £170,175 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £190,865 | £185,000 | 7 WITTON CRESCENT |
30 Nov 2023 | £81,058 | £79,000 | 8 EASBY PLACE |
7 Nov 2023 | £119,021 | £116,000 | 48 NICKSTREAM LANE |
30 Oct 2023 | £163,718 | £160,000 | 40 WITTON CRESCENT |
19 Oct 2023 | £100,278 | £98,000 | 65 NICKSTREAM LANE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Mar 2016. Using an estimated price of £163,718 means this house is valued at £1,705 per sq meter (£158 per sq foot).
The average size of a house on WITTON CRESCENT is 93 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Under investigation | On or near Witton Crescent |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witton Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witton Crescent |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Witton Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kenilworth Drive |