£199,076
This estimated value is based upon the latest sale price for the house of £198,000 on 3 Mar 2023. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £198,000 | 3 Mar 2023 |
| £159,995 | 29 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 March 2023 the House Price Index for STOCKTON-ON-TEES was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £198,000 results in an estimated price of approximately £199,076.
| 3 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £198,000 | £1,076 | £199,076 |
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 | -66.141 % | £-130,958 | £67,041 |
| 3 Month Average | -28.689 % | £-56,804 | £141,195 |
| 6 Month Average | -1.598 % | £-3,164 | £194,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £262,368 | £259,000 | 37 CARINA CRESCENT |
| 15 Aug 2023 | £106,649 | £106,000 | 2J SCULPTOR CRESCENT |
| 31 Jul 2023 | £111,050 | £110,000 | 22 SCULPTOR CRESCENT |
| 3 Mar 2023 | £199,076 | £198,000 | 9 INNOVATION AVENUE |
| 17 Feb 2023 | £228,917 | £230,000 | 16 HYDRA WAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 8 Aug 2016. Using an estimated price of £199,076 means this house is valued at £2,031 per sq meter (£188 per sq foot).
The average size of a house on INNOVATION AVENUE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Innovation Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Innovation Avenue |
| Mar 2024 | Anti-social behaviour | On or near Innovation Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Innovation Avenue | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Innovation Avenue |