£217,539
This estimated value is based upon the latest sale price for the house of £60,000 on 5 Sep 2000. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £60,000 | 5 Sep 2000 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 September 2000 the House Price Index for DARLINGTON was 40.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 262.565%.Applying this 262.565% change to the original purchase price of £60,000 results in an estimated price of approximately £217,539.
| 5 Sep 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 146.7 | 262.565 % | £60,000 | £157,539 | £217,539 |
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 | 259.381 % | £155,628 | £215,628 |
| 3 Month Average | 130.645 % | £78,387 | £138,387 |
| 6 Month Average | 129.393 % | £77,635 | £137,635 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 24 Oct 2016.
The average size of a house on MELROSE AVENUE is 116 sq meters (1,249 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kirkfield Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melrose Avenue |
| Feb 2024 | Public order | Under investigation | On or near Alwyn Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Sutcliffe Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sutcliffe Court |