£153,574
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Dec 2018. 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 | 14 Dec 2018 |
£46,000 | 21 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 December 2018 the House Price Index for STOCKTON-ON-TEES was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £125,000 results in an estimated price of approximately £153,574.
14 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.0 | 22.860 % | £125,000 | £28,574 | £153,574 |
The Postcode Pricing Model uses changes in average sales price within the TS19 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 | -6.025 % | £-7,530 | £117,469 |
3 Month Average | -4.732 % | £-5,915 | £119,084 |
6 Month Average | 7.444 % | £9,305 | £134,305 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £132,447 | £132,000 | 23 SPRUCE ROAD |
1 Mar 2024 | £100,339 | £100,000 | 21 SPRUCE ROAD |
31 Mar 2023 | £214,158 | £213,000 | 233 DARLINGTON LANE |
11 Nov 2022 | £130,878 | £133,000 | 22 SPRUCE ROAD |
4 Aug 2022 | £148,993 | £150,000 | 160 DARLINGTON LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Aug 2018. Using an estimated price of £153,575 means this house is valued at £2,559 per sq meter (£237 per sq foot).
The average size of a house on ELDER GROVE is 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birch Grove |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birch Grove |
Mar 2024 | Anti-social behaviour | On or near Spruce Road | |
Mar 2024 | Anti-social behaviour | On or near Spruce Road | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spruce Road |