£70,129
This estimated value is based upon the latest sale price for the house of £67,500 on 14 Jan 2022. 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 Drake Road
More crime details
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| Price Paid | Date |
|---|---|
| £67,500 | 14 Jan 2022 |
| £47,500 | 22 Apr 2013 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 January 2022 the House Price Index for STOCKTON-ON-TEES was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £67,500 results in an estimated price of approximately £70,129.
| 14 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £67,500 | £2,629 | £70,129 |
The Postcode Pricing Model uses changes in average sales price within the TS20 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 | -19.390 % | £-13,088 | £54,411 |
| 3 Month Average | -19.688 % | £-13,289 | £54,210 |
| 6 Month Average | -0.597 % | £-402 | £67,097 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 Apr 2012.
The average size of a house on DRAKE ROAD is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Drake Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Drake Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Drake Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Road |