£389,111
This estimated value is based upon the latest sale price for the house of £360,000 on 4 Jun 2021. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£360,000 | 4 Jun 2021 |
£339,950 | 22 May 2015 |
Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 June 2021 the House Price Index for STOCKTON-ON-TEES was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £360,000 results in an estimated price of approximately £389,111.
4 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £360,000 | £29,111 | £389,111 |
The Postcode Pricing Model uses changes in average sales price within the TS15 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 | 31.574 % | £113,667 | £473,667 |
3 Month Average | 4.625 % | £16,648 | £376,648 |
6 Month Average | -4.632 % | £-16,675 | £343,324 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £241,121 | £235,000 | 3 NEW DALES CLOSE |
29 Aug 2023 | £458,265 | £450,000 | 2 MOURIE WOOD WAY |
6 Apr 2023 | £207,888 | £204,000 | 4 LATIMER CLOSE |
28 Feb 2022 | £351,800 | £333,000 | 1 NEW DALES CLOSE |
26 Jul 2021 | £492,053 | £425,000 | 1 MORLEY CARR DRIVE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 15 Apr 2015. Using an estimated price of £389,112 means this house is valued at £2,779 per sq meter (£258 per sq foot).
The average size of a house on MORLEY CARR DRIVE is 141 sq meters (1,520 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mourie Wood Way |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Dales Close |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hall Wood Close |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Atherton Way |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Knaith Close |