£83,503
This estimated value is based upon the latest sale price for the house of £56,500 on 6 Feb 2015. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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Price Paid | Date |
---|---|
£56,500 | 6 Feb 2015 |
£48,500 | 15 May 2014 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 February 2015 the House Price Index for DARLINGTON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £56,500 results in an estimated price of approximately £83,503.
6 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £56,500 | £27,003 | £83,503 |
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 | 54.507 % | £30,796 | £87,296 |
3 Month Average | 25.378 % | £14,338 | £70,838 |
6 Month Average | 18.012 % | £10,176 | £66,676 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £71,052 | £70,000 | 23 LOCOMOTIVE STREET |
12 Jun 2023 | £96,165 | £95,000 | 30 WYLAM AVENUE |
11 Nov 2022 | £90,158 | £91,250 | 44 LOCOMOTIVE STREET |
28 Mar 2022 | £76,632 | £73,950 | 38 LOCOMOTIVE STREET |
10 Dec 2021 | £54,908 | £51,250 | 4 LOCOMOTIVE STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Oct 2016. Using an estimated price of £83,504 means this house is valued at £1,210 per sq meter (£112 per sq foot).
The average size of a house on HERCULES STREET is 72 sq meters (785 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near Furness Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Furness Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Otterburn Close |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Otterburn Close |
Dec 2023 | Other crime | Unable to prosecute suspect | On or near Otterburn Close |