£50,839
This estimated value is based upon the latest sale price for the house of £50,500 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £50,500 | 10 Feb 2023 |
| £31,000 | 11 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
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 2023 the House Price Index for DARLINGTON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £50,500 results in an estimated price of approximately £50,839.
| 10 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £50,500 | £339 | £50,839 |
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 | 18.655 % | £9,421 | £59,921 |
| 3 Month Average | 3.729 % | £1,883 | £52,383 |
| 6 Month Average | 5.256 % | £2,654 | £53,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £136,183 | £135,000 | 42 GREENBANK ROAD |
| 20 Dec 2023 | £66,545 | £64,500 | 41 SELBOURNE TERRACE |
| 28 Jun 2023 | £48,471 | £47,500 | 21 SELBOURNE TERRACE |
| 15 Mar 2023 | £71,189 | £70,000 | 1 VINCENT HOUSE, 2 WOODLAND ROAD |
| 10 Feb 2023 | £50,840 | £50,500 | 5 MERCIA COURT GREENBANK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mercia Court |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercia Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercia Court |
| May 2024 | Anti-social behaviour | On or near Mercia Court | |
| May 2024 | Anti-social behaviour | On or near Mercia Court |