£9,975,921
This estimated value is based upon the latest sale price for the house of £8,250,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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Price Paid | Date |
---|---|
£8,250,000 | 3 Jul 2020 |
£87,700 | 31 Aug 2007 |
Freehold |
Floor Area: 96 sq meters or 1,038 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 £8,250,000 results in an estimated price of approximately £9,975,921.
3 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £8,250,000 | £1,725,921 | £9,975,921 |
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 | 5.198 % | £428,796 | £8,678,796 |
3 Month Average | 6.930 % | £571,733 | £8,821,733 |
6 Month Average | -2.145 % | £-176,940 | £8,073,059 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £83,232 | £82,000 | 97 WHITBY WAY |
25 Aug 2023 | £117,024 | £116,000 | 65 WHITBY WAY |
26 Jul 2023 | £101,364 | £100,000 | 146 NEWTON LANE |
3 Apr 2023 | £108,670 | £107,500 | 113 WHITBY WAY |
17 Mar 2023 | £188,779 | £187,000 | 5 WITTON CRESCENT |
This house has a floor area of 96 sq meters or 1,038 sq feet when measured on 19 Apr 2011. Using an estimated price of £9,975,922 means this house is valued at £103,356 per sq meter (£9,602 per sq foot).
The average size of a house on MINORS CRESCENT is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wentworth Way |