£179,925
This estimated value is based upon the latest sale price for the house of £125,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £125,000 | 31 Jul 2015 |
| £127,500 | 3 Nov 2006 |
| £98,500 | 18 Jun 2004 |
| £42,000 | 28 Feb 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 July 2015 the House Price Index for STOCKTON-ON-TEES was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £125,000 results in an estimated price of approximately £179,925.
| 31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £125,000 | £54,925 | £179,925 |
The Postcode Pricing Model uses changes in average sales price within the TS20 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 | 14.551 % | £18,188 | £143,188 |
| 3 Month Average | -22.037 % | £-27,545 | £97,454 |
| 6 Month Average | 11.892 % | £14,864 | £139,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £73,282 | £72,000 | 36 MILL MEADOW COURT |
| 1 Dec 2023 | £99,745 | £98,000 | 44 COLCHESTER ROAD |
| 2 Nov 2023 | £126,878 | £125,000 | 33 CHESHAM ROAD |
| 26 Jul 2023 | £78,557 | £77,500 | 28 MILL MEADOW COURT |
| 3 May 2022 | £86,632 | £85,000 | 3 COLCHESTER ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 2 Feb 2015. Using an estimated price of £179,926 means this house is valued at £2,855 per sq meter (£265 per sq foot).
There is one other house on the street which we know the size of, this is 4 CHESHAM GROVE it is 69.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Colwyn Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Colwyn Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colchester Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chesham Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Court |