£70,116
This estimated value is based upon the latest sale price for the house of £15,000 on 22 Apr 1998. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £15,000 | 22 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 April 1998 the House Price Index for DARLINGTON was 31.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 367.443%.Applying this 367.443% change to the original purchase price of £15,000 results in an estimated price of approximately £70,116.
| 22 Apr 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 146.7 | 367.443 % | £15,000 | £55,116 | £70,116 |
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 | 352.620 % | £52,893 | £67,893 |
| 3 Month Average | 174.830 % | £26,224 | £41,224 |
| 6 Month Average | 162.214 % | £24,332 | £39,332 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 16 Apr 2020.
The average size of a house on HOPETOWN LANE is 54 sq meters (589 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Farrer Street |
| Feb 2024 | Public order | Offender given a caution | On or near Farrer Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Farrer Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Farrer Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ann'S Terrace |