£205,871
This estimated value is based upon the latest sale price for the house of £115,000 on 17 Feb 2006. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£115,000 | 17 Feb 2006 |
£111,000 | 1 Apr 2005 |
£43,500 | 28 Feb 1997 |
£51,000 | 5 Jan 1995 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 February 2006 the House Price Index for STOCKTON-ON-TEES was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £115,000 results in an estimated price of approximately £205,871.
17 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 149.7 | 79.018 % | £115,000 | £90,871 | £205,871 |
The Postcode Pricing Model uses changes in average sales price within the TS23 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 | 17.539 % | £20,170 | £135,170 |
3 Month Average | 39.677 % | £45,628 | £160,628 |
6 Month Average | 22.600 % | £25,990 | £140,990 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £203,121 | £200,000 | THE SALUTATION WEST ROAD |
31 Aug 2023 | £152,755 | £150,000 | 34A MILL LANE |
15 Aug 2023 | £91,653 | £90,000 | 178D BELASIS AVENUE |
28 Mar 2023 | £122,292 | £120,250 | 12 CHURCH ROAD |
31 Jan 2023 | £120,321 | £120,000 | 5 SOUTH VIEW |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 14 Oct 2014. Using an estimated price of £205,871 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on SOUTH VIEW is 112 sq meters (1,205 sq feet).