£107,629
This estimated value is based upon the latest sale price for the house of £39,950 on 10 Sep 2002. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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Price Paid | Date |
---|---|
£39,950 | 10 Sep 2002 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2002 the House Price Index for DARLINGTON was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £39,950 results in an estimated price of approximately £107,629.
10 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 148.6 | 169.411 % | £39,950 | £67,679 | £107,629 |
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 | 154.156 % | £61,585 | £101,535 |
3 Month Average | 123.662 % | £49,403 | £89,353 |
6 Month Average | 112.010 % | £44,747 | £84,697 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £89,079 | £88,000 | 78 WESTMORELAND STREET |
28 Mar 2023 | £80,256 | £79,500 | 98 WESTMORELAND STREET |
1 Sep 2022 | £69,439 | £70,000 | 79 ELDON STREET |
1 Aug 2022 | £79,785 | £80,000 | 112 ELDON STREET |
26 Jul 2022 | £56,151 | £56,000 | 151 ELDON STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 21 Jul 2021. Using an estimated price of £107,630 means this house is valued at £1,044 per sq meter (£97 per sq foot).
The average size of a house on WESTMORELAND STREET is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eldon Place |
Jan 2024 | Drugs | Local resolution | On or near Eldon Place |