£144,979
This estimated value is based upon the latest sale price for the house of £129,000 on 19 Aug 2021. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £129,000 | 19 Aug 2021 |
| £125,000 | 27 Jan 2006 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2021 the House Price Index for STOCKTON-ON-TEES was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £129,000 results in an estimated price of approximately £144,979.
| 19 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £129,000 | £15,979 | £144,979 |
The Postcode Pricing Model uses changes in average sales price within the TS15 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 | 16.574 % | £21,380 | £150,380 |
| 3 Month Average | -13.312 % | £-17,171 | £111,828 |
| 6 Month Average | -9.659 % | £-12,459 | £116,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £90,790 | £88,000 | 8 MAYES WALK |
| 13 Oct 2023 | £108,463 | £106,000 | 1 MAYES WALK |
| 16 Aug 2023 | £185,343 | £182,000 | 70 WETHERALL AVENUE |
| 31 Mar 2023 | £124,072 | £122,000 | 3 PARK VIEW |
| 11 Nov 2022 | £200,065 | £201,000 | 7 WETHERALL AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 8 May 2019. Using an estimated price of £144,980 means this house is valued at £2,376 per sq meter (£220 per sq foot).
The average size of a house on WETHERALL AVENUE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hedley Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hedley Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hedley Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Penwick Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Penwick Close |