£205,247
This estimated value is based upon the latest sale price for the house of £68,200 on 12 Apr 2002. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £68,200 | 12 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 April 2002 the House Price Index for STOCKTON-ON-TEES was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £68,200 results in an estimated price of approximately £205,247.
| 12 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £68,200 | £137,047 | £205,247 |
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 | 133.596 % | £91,112 | £159,312 |
| 3 Month Average | 174.421 % | £118,955 | £187,155 |
| 6 Month Average | 153.482 % | £104,674 | £172,874 |
| 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 |
| 30 Jun 2023 | £88,779 | £87,000 | 6 WOOLER CRESCENT |
| 31 Jan 2023 | £120,321 | £120,000 | 5 SOUTH VIEW |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 24 Jun 2014. Using an estimated price of £205,248 means this house is valued at £1,628 per sq meter (£151 per sq foot).
The average size of a house on SOUTH VIEW is 112 sq meters (1,205 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).