£171,519
This estimated value is based upon the latest sale price for the house of £158,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£158,000 | 29 Sep 2021 |
£157,500 | 29 Apr 2016 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 sq feet |
This model uses changes in the Official Land Registry House Price Index for STOCKTON-ON-TEES to estimate the market value.
When this house was purchased in September 2021 the House Price Index for STOCKTON-ON-TEES was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £158,000 results in an estimated price of approximately £171,519.
29 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £158,000 | £13,519 | £171,519 |
The Postcode Pricing Model uses changes in average sales price within the TS18 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 | 28.375 % | £44,831 | £202,831 |
3 Month Average | 37.895 % | £59,874 | £217,874 |
6 Month Average | 16.965 % | £26,804 | £184,804 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £235,184 | £230,000 | 8 INFINITY VIEW |
3 Mar 2023 | £183,057 | £180,000 | 8 ILDERTON ROAD |
20 Jan 2023 | £155,415 | £155,000 | 16 GRAINTON COURT |
30 Nov 2021 | £209,733 | £192,500 | 2 GRAINTON COURT |
29 Sep 2021 | £171,520 | £158,000 | 1 FARONIA WALK |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 5 Apr 2016. Using an estimated price of £171,520 means this house is valued at £1,824 per sq meter (£169 per sq foot).
The average size of a house on FARONIA WALK is 128 sq meters (1,386 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laurelwood Road |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Laurelwood Road |
Jun 2024 | Anti-social behaviour | On or near Grainton Court | |
Jun 2024 | Anti-social behaviour | On or near Grainton Court | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Brookby Court |