£498,973
This estimated value is based upon the latest sale price for the house of £295,000 on 14 Dec 2012. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £295,000 | 14 Dec 2012 |
| £120,000 | 1 Sep 2000 |
| Detached |
| Freehold |
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 December 2012 the House Price Index for DARLINGTON was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £295,000 results in an estimated price of approximately £498,973.
| 14 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £295,000 | £203,973 | £498,973 |
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 | 35.972 % | £106,117 | £401,117 |
| 3 Month Average | 42.271 % | £124,698 | £419,698 |
| 6 Month Average | 38.090 % | £112,365 | £407,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £272,383 | £270,000 | 48 PINEWOOD CRESCENT |
| 21 Jun 2023 | £222,698 | £220,000 | 6 EDEN CLOSE |
| 12 Jan 2023 | £696,718 | £700,000 | THE FARMHOUSE WALWORTH ROAD |
| 19 Aug 2022 | £314,154 | £315,000 | ROWAN COTTAGE ELM GRANGE FARM HOUGHTON BANK |
| 22 Jul 2022 | £701,889 | £700,000 | THE METHODIST CHAPEL HOUGHTON BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Park House Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Humble Carr Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Corner Bank Lane |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Corner Bank Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corner Bank Lane |