£273,257
This estimated value is based upon the latest sale price for the house of £140,000 on 7 Jun 2004. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £140,000 | 7 Jun 2004 |
| £64,500 | 21 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,040 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 2004 the House Price Index for STOCKTON-ON-TEES was 75.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 95.184%.Applying this 95.184% change to the original purchase price of £140,000 results in an estimated price of approximately £273,257.
| 7 Jun 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 146.7 | 95.184 % | £140,000 | £133,257 | £273,257 |
The Postcode Pricing Model uses changes in average sales price within the TS23 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 | 31.837 % | £44,571 | £184,571 |
| 3 Month Average | 50.568 % | £70,794 | £210,794 |
| 6 Month Average | 49.451 % | £69,231 | £209,231 |
This house has a floor area of 96 sq meters or 1,040 sq feet when measured on 6 Oct 2011.
There is one other house on the street which we know the size of, this is 3 SHOTLEY CLOSE it is 74.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shotley Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shotley Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shotley Close |
| Mar 2024 | Anti-social behaviour | On or near Lanchester Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Sacriston Close |