£97,879
This estimated value is based upon the latest sale price for the house of £80,000 on 27 Feb 2020. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £80,000 | 27 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 February 2020 the House Price Index for STOCKTON-ON-TEES was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £80,000 results in an estimated price of approximately £97,879.
| 27 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £80,000 | £17,879 | £97,879 |
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 | 34.162 % | £27,329 | £107,329 |
| 3 Month Average | -8.585 % | £-6,867 | £73,132 |
| 6 Month Average | 0.439 % | £351 | £80,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £125,000 | £125,000 | 4 ROSEBANK COURT |
| 28 Apr 2023 | £75,816 | £75,000 | 132 RAGPATH LANE |
| 31 Mar 2023 | £100,951 | £100,000 | 158 RAGPATH LANE |
| 27 Oct 2022 | £136,530 | £138,000 | 8 RAMPSIDE AVENUE |
| 1 Jul 2022 | £115,310 | £115,000 | 20 RAMSBURY AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 Aug 2019. Using an estimated price of £97,879 means this house is valued at £1,193 per sq meter (£110 per sq foot).
The average size of a house on ROMFORD ROAD is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ribchester Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Ribchester Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Ribchester Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rostrevor Avenue |