£196,598
This estimated value is based upon the latest sale price for the house of £160,000 on 31 Jan 2020. 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 Melsonby Grove
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| Price Paid | Date |
|---|---|
| £160,000 | 31 Jan 2020 |
| £130,000 | 20 Jul 2012 |
| £59,950 | 11 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 714 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 2020 the House Price Index for STOCKTON-ON-TEES was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £160,000 results in an estimated price of approximately £196,598.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £160,000 | £36,598 | £196,598 |
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 | 19.415 % | £31,064 | £191,064 |
| 3 Month Average | 28.987 % | £46,379 | £206,379 |
| 6 Month Average | 13.895 % | £22,232 | £182,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £148,777 | £145,000 | 4 SCOTTON CLOSE |
| 7 Mar 2023 | £181,023 | £178,000 | 30 FLEETHAM GROVE |
| 13 Jan 2023 | £225,603 | £225,000 | 12 MELSONBY GROVE |
| 6 Jan 2023 | £110,295 | £110,000 | 16 LEIGHTON ROAD |
| 21 Oct 2022 | £179,401 | £180,000 | 16 ELLERTON ROAD |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 21 Mar 2011. Using an estimated price of £196,599 means this house is valued at £2,963 per sq meter (£275 per sq foot).
The average size of a house on ELLERTON ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Melsonby Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Arrathorne Road |
| Jun 2024 | Anti-social behaviour | On or near Theakston Grove | |
| Jun 2024 | Anti-social behaviour | On or near Theakston Grove | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Theakston Grove |