£145,030
This estimated value is based upon the latest sale price for the house of £130,000 on 20 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 |
|---|---|
| £130,000 | 20 Aug 2021 |
| £114,995 | 6 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £130,000 results in an estimated price of approximately £145,030.
| 20 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £130,000 | £15,030 | £145,030 |
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 | -16.300 % | £-21,190 | £108,809 |
| 3 Month Average | -15.686 % | £-20,392 | £109,607 |
| 6 Month Average | 11.101 % | £14,431 | £144,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £218,829 | £215,000 | 41 SCULPTOR CRESCENT |
| 31 Jul 2023 | £111,501 | £110,000 | 22 SCULPTOR CRESCENT |
| 14 Apr 2023 | £146,578 | £145,000 | 51 INNOVATION AVENUE |
| 3 Mar 2023 | £199,883 | £198,000 | 9 INNOVATION AVENUE |
| 17 Feb 2023 | £229,845 | £230,000 | 16 HYDRA WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 Apr 2016. Using an estimated price of £145,030 means this house is valued at £2,458 per sq meter (£228 per sq foot).
The average size of a house on HYDRA WAY is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Hydra Way |
| Mar 2024 | Anti-social behaviour | On or near Innovation Avenue | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Innovation Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Innovation Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Innovation Avenue |