£411,926
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Sep 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £325,000 | 4 Sep 2017 |
| Freehold |
| Floor Area: 181 sq meters or 1,948 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in September 2017 the House Price Index for COUNTY DURHAM was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £325,000 results in an estimated price of approximately £411,926.
| 4 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £325,000 | £86,926 | £411,926 |
The Postcode Pricing Model uses changes in average sales price within the DL12 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 | -5.742 % | £-18,660 | £306,339 |
| 3 Month Average | 8.129 % | £26,420 | £351,420 |
| 6 Month Average | 20.548 % | £66,779 | £391,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2022 | £448,792 | £450,000 | 11 MIDDLEWOOD CLOSE |
| 12 Aug 2022 | £453,779 | £455,000 | 2 ASHTREE DRIVE |
| 26 May 2022 | £132,497 | £130,000 | 15 HOLLINSIDE |
| 20 May 2022 | £160,525 | £157,500 | 3 TEESBANK COURT |
| 22 Apr 2022 | £224,496 | £218,000 | 25 ASHTREE DRIVE |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 14 Oct 2015. Using an estimated price of £411,926 means this house is valued at £2,275 per sq meter (£211 per sq foot).
The average size of a house on DARLINGTON ROAD is 281 sq meters (3,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashtree Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Middlewood Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Middlewood Close |
| Apr 2024 | Burglary | Under investigation | On or near Darlington Road |
| Apr 2024 | Burglary | Under investigation | On or near Darlington Road |