£275,803
This estimated value is based upon the latest sale price for the house of £145,000 on 20 Aug 2004. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
There have been two burglaries within the last year on or near Springwell Terrace
More crime details
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Price Paid | Date |
---|---|
£145,000 | 20 Aug 2004 |
£135,000 | 14 Nov 2003 |
Semi-Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 August 2004 the House Price Index for DARLINGTON was 77.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 90.210%.Applying this 90.210% change to the original purchase price of £145,000 results in an estimated price of approximately £275,803.
20 Aug 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 146.7 | 90.210 % | £145,000 | £130,803 | £275,803 |
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 | 34.388 % | £49,862 | £194,862 |
3 Month Average | 32.358 % | £46,918 | £191,918 |
6 Month Average | 33.333 % | £48,332 | £193,332 |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 11 Jul 2014.
The average size of a house on SPRINGWELL TERRACE is 97 sq meters (1,051 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Springwell Terrace |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springwell Terrace |
Jan 2024 | Burglary | Awaiting court outcome | On or near Springwell Terrace |
Jan 2024 | Burglary | Awaiting court outcome | On or near Springwell Terrace |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Springwell Terrace |