£37,225
This estimated value is based upon the latest sale price for the house of £31,500 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £31,500 | 8 Oct 2020 |
| £78,304 | 30 Jan 2015 |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2020 the House Price Index for STOCKTON-ON-TEES was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £31,500 results in an estimated price of approximately £37,225.
| 8 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £31,500 | £5,725 | £37,225 |
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 | 21.696 % | £6,834 | £38,334 |
| 3 Month Average | 13.231 % | £4,167 | £35,667 |
| 6 Month Average | 10.530 % | £3,317 | £34,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £221,816 | £215,000 | 41 SCULPTOR CRESCENT |
| 27 Oct 2023 | £190,323 | £186,000 | 3 LEO GROVE |
| 20 Oct 2023 | £286,507 | £280,000 | 8 LYNX WAY |
| 14 Apr 2023 | £147,764 | £145,000 | 51 INNOVATION AVENUE |
| 3 Mar 2023 | £201,363 | £198,000 | 9 INNOVATION AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Feb 2015. Using an estimated price of £37,226 means this house is valued at £477 per sq meter (£44 per sq foot).
The average size of a house on INNOVATION AVENUE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Innovation Avenue |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Innovation Avenue |
| Jul 2024 | Anti-social behaviour | On or near Innovation Avenue | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Innovation Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Innovation Avenue |