£184,055
This estimated value is based upon the latest sale price for the house of £125,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
There has been one burglary within the last year on or near Richmond Crescent
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £125,000 | 5 Dec 2014 |
| £54,950 | 24 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2014 the House Price Index for STOCKTON-ON-TEES was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £125,000 results in an estimated price of approximately £184,055.
| 5 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £125,000 | £59,055 | £184,055 |
The Postcode Pricing Model uses changes in average sales price within the TS23 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 | 16.477 % | £20,596 | £145,596 |
| 3 Month Average | 36.919 % | £46,149 | £171,149 |
| 6 Month Average | 22.229 % | £27,785 | £152,785 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 12 Aug 2014.
The average size of a house on MELROSE AVENUE is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravensworth Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnard Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Melrose Avenue |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Melrose Avenue |