£85,344
This estimated value is based upon the latest sale price for the house of £51,000 on 21 May 2013. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £51,000 | 21 May 2013 |
| £42,500 | 1 Oct 2002 |
| £32,000 | 29 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 May 2013 the House Price Index for STOCKTON-ON-TEES was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £51,000 results in an estimated price of approximately £85,344.
| 21 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £51,000 | £34,344 | £85,344 |
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 | 16.525 % | £8,427 | £59,427 |
| 3 Month Average | -1.741 % | £-888 | £50,111 |
| 6 Month Average | 11.146 % | £5,684 | £56,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £50,751 | £50,000 | 25 DURHAM ROAD |
| 18 Jul 2023 | £62,846 | £62,000 | 41 DURHAM ROAD |
| 24 Mar 2023 | £90,856 | £90,000 | 39 DURHAM ROAD |
| 29 Jul 2022 | £83,224 | £83,000 | 6 EZARD STREET |
| 13 May 2022 | £59,114 | £58,000 | 11 CRAGGS STREET |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 17 Jun 2013. Using an estimated price of £85,345 means this house is valued at £775 per sq meter (£72 per sq foot).
The average size of a house on DURHAM ROAD is 120 sq meters (1,294 sq feet).