£67,055
This estimated value is based upon the latest sale price for the house of £54,500 on 2 Jan 2019. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £54,500 | 2 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 January 2019 the House Price Index for DARLINGTON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £54,500 results in an estimated price of approximately £67,055.
| 2 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £54,500 | £12,555 | £67,055 |
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 | 6.054 % | £3,299 | £57,799 |
| 3 Month Average | 9.865 % | £5,376 | £59,876 |
| 6 Month Average | -2.607 % | £-1,420 | £53,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £61,157 | £60,000 | 11 BARNINGHAM STREET |
| 4 Nov 2022 | £63,963 | £65,000 | 45 BARNINGHAM STREET |
| 13 Jun 2022 | £60,614 | £60,000 | 78 SALISBURY TERRACE |
| 28 Feb 2022 | £65,801 | £63,000 | 59 BARNINGHAM STREET |
| 28 Jan 2022 | £62,890 | £60,000 | 71 BARNINGHAM STREET |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 14 Jun 2019. Using an estimated price of £67,055 means this house is valued at £604 per sq meter (£56 per sq foot).
The average size of a house on SALISBURY TERRACE is 90 sq meters (971 sq feet).