£238,531
This estimated value is based upon the latest sale price for the house of £235,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£235,000 | 10 Nov 2023 |
£179,950 | 14 Dec 2018 |
Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 November 2023 the House Price Index for STOCKTON-ON-TEES was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £235,000 results in an estimated price of approximately £238,531.
10 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £235,000 | £3,531 | £238,531 |
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 | -63.766 % | £-149,849 | £85,150 |
3 Month Average | -1.562 % | £-3,671 | £231,328 |
6 Month Average | 7.582 % | £17,818 | £252,818 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £238,531 | £235,000 | 3 NEW DALES CLOSE |
2 Jun 2023 | £219,661 | £217,000 | 7 PIT WOOD DRIVE |
28 Feb 2022 | £349,215 | £333,000 | 1 NEW DALES CLOSE |
2 Nov 2021 | £497,496 | £460,000 | 13 PIT WOOD DRIVE |
30 Jun 2021 | £306,856 | £286,000 | 10 WYECARR DRIVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Oct 2018. Using an estimated price of £238,531 means this house is valued at £3,727 per sq meter (£346 per sq foot).
The average size of a house on NEW DALES CLOSE is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Dales Close |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hall Wood Close |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Knaith Close |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pit Wood Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Walk |