£135,262
This estimated value is based upon the latest sale price for the house of £88,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £88,000 | 27 Jun 2014 |
| £96,995 | 26 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 June 2014 the House Price Index for DARLINGTON was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £88,000 results in an estimated price of approximately £135,262.
| 27 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £88,000 | £47,262 | £135,262 |
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 | 65.026 % | £57,223 | £145,223 |
| 3 Month Average | 32.927 % | £28,975 | £116,975 |
| 6 Month Average | 21.087 % | £18,556 | £106,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £172,319 | £170,000 | 59 RIDGEWOOD CLOSE |
| 7 Jul 2023 | £121,637 | £120,000 | 40 CHESTNUT DRIVE |
| 6 Jun 2023 | £139,692 | £138,000 | 30 CHESTNUT DRIVE |
| 27 Jan 2023 | £131,381 | £132,000 | 52 CHESTNUT DRIVE |
| 1 Jul 2022 | £130,351 | £130,000 | 94 CHESTNUT DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Mar 2014. Using an estimated price of £135,263 means this house is valued at £2,332 per sq meter (£216 per sq foot).
The average size of a house on RIDGEWOOD CLOSE is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgewood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridgewood Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgewood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinewood Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Pinewood Close |