£199,518
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £165,000 | 24 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 July 2020 the House Price Index for DARLINGTON was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £165,000 results in an estimated price of approximately £199,518.
| 24 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £165,000 | £34,518 | £199,518 |
The Postcode Pricing Model uses changes in average sales price within the DL2 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 | 9.683 % | £15,976 | £180,976 |
| 3 Month Average | 11.178 % | £18,443 | £183,443 |
| 6 Month Average | 14.279 % | £23,560 | £188,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £182,331 | £180,000 | 2 SANS PAREIL SQUARE |
| 4 Aug 2023 | £95,334 | £94,500 | 52 BOWEN ROAD |
| 31 Jul 2023 | £95,282 | £94,000 | 1 GEORGE STEPHENSON DRIVE |
| 27 Jun 2023 | £170,060 | £168,000 | 19 SWINBRIDGE |
| 28 Feb 2023 | £207,360 | £207,500 | 32 GEORGE STEPHENSON DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 16 Apr 2019. Using an estimated price of £199,518 means this house is valued at £1,734 per sq meter (£161 per sq foot).
The average size of a house on LOCOMOTION LANE is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Catcastle Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West Auckland Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Auckland Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near West Auckland Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Swinbridge |