£87,830
This estimated value is based upon the latest sale price for the house of £64,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £64,000 | 8 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 2016 the House Price Index for STOCKTON-ON-TEES was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £64,000 results in an estimated price of approximately £87,830.
| 8 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £64,000 | £23,830 | £87,830 |
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 | -39.020 % | £-24,973 | £39,026 |
| 3 Month Average | -16.992 % | £-10,875 | £53,124 |
| 6 Month Average | 7.545 % | £4,828 | £68,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £59,500 | £59,500 | 47 BRUSSELTON COURT |
| 14 Jul 2023 | £54,230 | £53,500 | 32 BRUSSELTON COURT |
| 5 Jun 2023 | £61,748 | £61,000 | 33 BRUSSELTON COURT |
| 11 Nov 2022 | £59,282 | £60,000 | 37 BRUSSELTON COURT |
| 16 Jun 2022 | £45,138 | £44,500 | 31 SCHOOL WALK |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 1 Sep 2015. Using an estimated price of £87,831 means this house is valued at £905 per sq meter (£84 per sq foot).
There is one other house on the street which we know the size of, this is 3 CHALK WALK it is 97.0