£219,621
This estimated value is based upon the latest sale price for the house of £189,950 on 21 Dec 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 |
---|---|
£189,950 | 21 Dec 2020 |
Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2020 the House Price Index for STOCKTON-ON-TEES was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £189,950 results in an estimated price of approximately £219,621.
21 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £189,950 | £29,671 | £219,621 |
The Postcode Pricing Model uses changes in average sales price within the TS17 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 | 13.391 % | £25,436 | £215,386 |
3 Month Average | 10.210 % | £19,393 | £209,343 |
6 Month Average | 2.842 % | £5,398 | £195,348 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £253,500 | £253,500 | 21 KIRKBRIDE WAY |
3 Nov 2023 | £246,251 | £240,000 | 52 KIRKBRIDE WAY |
26 Oct 2023 | £240,461 | £235,000 | 35 PENNYDARREN WAY |
21 Aug 2023 | £96,745 | £95,000 | 96 GREENSFORGE DRIVE |
2 Aug 2023 | £287,689 | £282,500 | 30 GREENSFORGE DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Nov 2020. Using an estimated price of £219,622 means this house is valued at £2,583 per sq meter (£240 per sq foot).
The average size of a house on VERBEIA ROAD is 88 sq meters (950 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rings |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barwick Lane |
Apr 2024 | Anti-social behaviour | On or near Pennydarren Way | |
Apr 2024 | Anti-social behaviour | On or near Pennydarren Way | |
Apr 2024 | Anti-social behaviour | On or near Pennydarren Way |