£62,531
This estimated value is based upon the latest sale price for the house of £40,000 on 7 Feb 2014. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
There has been one burglary within the last year on or near Springfield Road
More crime details
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| Price Paid | Date |
|---|---|
| £40,000 | 7 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,008 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 February 2014 the House Price Index for DARLINGTON was 93.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.328%.Applying this 56.328% change to the original purchase price of £40,000 results in an estimated price of approximately £62,531.
| 7 Feb 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 146.7 | 56.328 % | £40,000 | £22,531 | £62,531 |
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 | 26.018 % | £10,407 | £50,407 |
| 3 Month Average | 24.141 % | £9,656 | £49,656 |
| 6 Month Average | 16.877 % | £6,750 | £46,750 |
This house has a floor area of 93 sq meters or 1,008 sq feet when measured on 28 Jul 2009.
The average size of a house on SPRINGFIELD ROAD is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Springfield Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Furness Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Furness Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ajax Street |