£116,702
This estimated value is based upon the latest sale price for the house of £70,500 on 20 Dec 2006. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £70,500 | 20 Dec 2006 |
| £26,000 | 23 Nov 2001 |
| £29,200 | 20 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 2006 the House Price Index for DARLINGTON was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £70,500 results in an estimated price of approximately £116,702.
| 20 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £70,500 | £46,202 | £116,702 |
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 | 11.039 % | £7,782 | £78,282 |
| 3 Month Average | 10.406 % | £7,336 | £77,836 |
| 6 Month Average | 10.100 % | £7,120 | £77,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £83,994 | £82,750 | 10 WESTGARTH TERRACE |
| 28 Jun 2023 | £65,797 | £65,000 | 27 WOLSINGHAM TERRACE |
| 13 Feb 2023 | £75,949 | £76,000 | 45 WOLSINGHAM TERRACE |
| 6 Jan 2023 | £89,080 | £89,500 | 22 ALEXANDER STREET |
| 21 Nov 2022 | £75,090 | £76,000 | 23 WESTGARTH TERRACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 7 Apr 2016. Using an estimated price of £116,703 means this house is valued at £1,716 per sq meter (£159 per sq foot).
The average size of a house on WOLSINGHAM TERRACE is 72 sq meters (775 sq feet).