£157,954
This estimated value is based upon the latest sale price for the house of £155,000 on 27 Apr 2023. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£155,000 | 27 Apr 2023 |
£140,995 | 15 Dec 2017 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 2023 the House Price Index for STOCKTON-ON-TEES was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £155,000 results in an estimated price of approximately £157,954.
27 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £155,000 | £2,954 | £157,954 |
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 | 206.708 % | £320,397 | £475,397 |
3 Month Average | 1.586 % | £2,457 | £157,457 |
6 Month Average | 4.180 % | £6,478 | £161,478 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £180,548 | £175,000 | 2 PEGASUS AVENUE |
8 Dec 2023 | £221,816 | £215,000 | 41 SCULPTOR CRESCENT |
27 Oct 2023 | £301,856 | £295,000 | 29 PEGASUS AVENUE |
27 Apr 2023 | £157,954 | £155,000 | 2 ORION CLOSE |
9 Mar 2023 | £297,976 | £293,000 | 2 CASTOR WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 20 Nov 2017. Using an estimated price of £157,954 means this house is valued at £1,974 per sq meter (£183 per sq foot).
The average size of a house on ORION CLOSE is 92 sq meters (991 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sculptor Crescent |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leo Grove |
Jul 2024 | Other crime | Under investigation | On or near Lynx Way |
May 2024 | Anti-social behaviour | On or near Rigel Road | |
May 2024 | Anti-social behaviour | On or near Rigel Road |