£346,883
This estimated value is based upon the latest sale price for the house of £230,000 on 27 Oct 2014. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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Price Paid | Date |
---|---|
£230,000 | 27 Oct 2014 |
£197,500 | 6 Oct 2006 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 October 2014 the House Price Index for DARLINGTON was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £230,000 results in an estimated price of approximately £346,883.
27 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £230,000 | £116,883 | £346,883 |
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 | -3.072 % | £-7,065 | £222,934 |
3 Month Average | 13.056 % | £30,029 | £260,029 |
6 Month Average | 7.236 % | £16,642 | £246,642 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £221,927 | £220,000 | 4 TRINITY MEWS |
3 Apr 2024 | £499,336 | £495,000 | 67 WOODLAND ROAD |
30 Nov 2023 | £138,516 | £135,000 | 17 CLAREMONT VILLAS |
17 Nov 2023 | £84,649 | £82,500 | 16 CLAREMONT VILLAS |
28 Apr 2023 | £333,742 | £327,500 | 82 CLEVELAND AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 Feb 2013. Using an estimated price of £346,883 means this house is valued at £5,177 per sq meter (£480 per sq foot).
The average size of a house on MILBANK ROAD is 177 sq meters (1,914 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Drugs | Offender given a caution | On or near Trinity Mews |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Saddlewood Mews |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Saddlewood Mews |
Jun 2024 | Anti-social behaviour | On or near Saddlewood Mews | |
Jun 2024 | Anti-social behaviour | On or near Saddlewood Mews |