£316,732
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for DARLINGTON 1
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| Price Paid | Date |
|---|---|
| £270,000 | 23 Oct 2020 |
| £105,000 | 18 Sep 1998 |
| £101,500 | 18 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 October 2020 the House Price Index for DARLINGTON was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £270,000 results in an estimated price of approximately £316,732.
| 23 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £270,000 | £46,732 | £316,732 |
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 | 7.453 % | £20,122 | £290,122 |
| 3 Month Average | -1.897 % | £-5,121 | £264,878 |
| 6 Month Average | -8.517 % | £-22,997 | £247,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £337,957 | £335,000 | 22 HALNABY AVENUE |
| 7 Jun 2023 | £455,518 | £450,000 | 10 ARNCLIFFE GROVE |
| 18 Nov 2022 | £434,734 | £440,000 | 7 BEDBURN DRIVE |
| 14 Jan 2022 | £349,926 | £332,500 | 6 BEDBURN DRIVE |
| 28 Sep 2021 | £312,502 | £290,000 | 5 ARNCLIFFE GROVE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 18 Oct 2019. Using an estimated price of £316,732 means this house is valued at £2,346 per sq meter (£217 per sq foot).
The average size of a house on HALNABY AVENUE is 166 sq meters (1,797 sq feet).