£123,575
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £120,000 | 29 Apr 2022 |
| £89,995 | 30 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 April 2022 the House Price Index for STOCKTON-ON-TEES was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £120,000 results in an estimated price of approximately £123,575.
| 29 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £120,000 | £3,575 | £123,575 |
The Postcode Pricing Model uses changes in average sales price within the TS19 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 | 28.964 % | £34,757 | £154,757 |
| 3 Month Average | -8.943 % | £-10,731 | £109,268 |
| 6 Month Average | -7.671 % | £-9,205 | £110,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £199,922 | £197,500 | 27 BOURNEVILLE DRIVE |
| 23 Jun 2023 | £182,207 | £180,000 | 27 NEW EARSWICK STREET |
| 7 Jun 2023 | £141,717 | £140,000 | 9 MORRIS CRESCENT |
| 28 Apr 2023 | £103,616 | £102,500 | 2 SWAN AVENUE |
| 24 Mar 2023 | £105,999 | £105,000 | 149 PIPER KNOWLE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 6 Oct 2014. Using an estimated price of £123,576 means this house is valued at £1,740 per sq meter (£161 per sq foot).
The average size of a house on LETCHWORTH DRIVE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Letchworth Drive | |
| Jan 2024 | Anti-social behaviour | On or near Letchworth Drive | |
| Jan 2024 | Anti-social behaviour | On or near Letchworth Drive | |
| Jan 2024 | Anti-social behaviour | On or near Letchworth Drive | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Letchworth Drive |