£309,023
This estimated value is based upon the latest sale price for the house of £270,000 on 19 Nov 2020. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £270,000 | 19 Nov 2020 |
| £63,000 | 15 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 November 2020 the House Price Index for STOCKTON-ON-TEES was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £270,000 results in an estimated price of approximately £309,023.
| 19 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £270,000 | £39,023 | £309,023 |
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 | -58.648 % | £-158,348 | £111,651 |
| 3 Month Average | -21.150 % | £-57,105 | £212,894 |
| 6 Month Average | 4.662 % | £12,586 | £282,586 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 25 Jul 2016.
The average size of a house on SPRING WAY is 131 sq meters (1,411 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Spring Way | |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Spring Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fraser Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Briar Walk |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hartburn Village |