£41,716
This estimated value is based upon the latest sale price for the house of £14,500 on 3 May 2002. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £14,500 | 3 May 2002 |
| £10,000 | 19 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 May 2002 the House Price Index for DARLINGTON was 51.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 187.701%.Applying this 187.701% change to the original purchase price of £14,500 results in an estimated price of approximately £41,716.
| 3 May 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 146.7 | 187.701 % | £14,500 | £27,216 | £41,716 |
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 | 134.037 % | £19,435 | £33,935 |
| 3 Month Average | 152.137 % | £22,059 | £36,559 |
| 6 Month Average | 145.061 % | £21,033 | £35,533 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 18 Oct 2013.
The average size of a house on MELVILLE STREET is 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Marburn Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marburn Place |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Marburn Place |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Marburn Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Marburn Place |