£297,421
This estimated value is based upon the latest sale price for the house of £240,000 on 31 Jul 2018. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £240,000 | 31 Jul 2018 |
| £95,000 | 23 Oct 2000 |
| Detached |
| Freehold |
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 July 2018 the House Price Index for STOCKTON-ON-TEES was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £240,000 results in an estimated price of approximately £297,421.
| 31 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £240,000 | £57,421 | £297,421 |
The Postcode Pricing Model uses changes in average sales price within the TS16 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 | -21.111 % | £-50,666 | £189,333 |
| 3 Month Average | -1.343 % | £-3,224 | £236,775 |
| 6 Month Average | 7.881 % | £18,913 | £258,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £240,000 | £240,000 | 7 DINSDALE DRIVE |
| 10 Nov 2023 | £167,480 | £165,000 | 23 STRATHAVEN DRIVE |
| 6 Jul 2023 | £334,502 | £330,000 | 7 TURNBERRY AVENUE |
| 10 Mar 2023 | £176,664 | £175,000 | 10 MOOR PARK |
| 25 Mar 2022 | £168,911 | £163,000 | 1 HINDHEAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Fairway |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near The Fairway |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Monreith Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monreith Avenue |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Monreith Avenue |