£93,778
This estimated value is based upon the latest sale price for the house of £75,904 on 28 Jun 2019. 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 Hills Drive
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| Price Paid | Date |
|---|---|
| £75,904 | 28 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2019 the House Price Index for STOCKTON-ON-TEES was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £75,904 results in an estimated price of approximately £93,778.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £75,904 | £17,874 | £93,778 |
The Postcode Pricing Model uses changes in average sales price within the TS20 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 | -46.480 % | £-35,280 | £40,623 |
| 3 Month Average | -13.711 % | £-10,407 | £65,496 |
| 6 Month Average | -4.431 % | £-3,363 | £72,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £167,465 | £166,000 | 2 GIBSON ROAD |
| 5 Jun 2023 | £172,084 | £170,000 | 6 BLAIR CLOSE |
| 24 Feb 2023 | £179,879 | £180,000 | 2 SMAILES CLOSE |
| 27 Jan 2023 | £194,086 | £195,000 | 20 BLAIR CLOSE |
| 5 Aug 2022 | £154,584 | £155,000 | 24 BLAIR CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 7 Jun 2019. Using an estimated price of £93,778 means this house is valued at £788 per sq meter (£73 per sq foot).
The average size of a house on BLAIR CLOSE is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Hills Drive |
| Mar 2024 | Anti-social behaviour | On or near Hills Drive | |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Hills Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gibson Road |
| Mar 2024 | Anti-social behaviour | On or near Fossick Road |