£312,728
This estimated value is based upon the latest sale price for the house of £174,500 on 19 Dec 2008. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £174,500 | 19 Dec 2008 |
| £119,000 | 11 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 December 2008 the House Price Index for STOCKTON-ON-TEES was 81.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.214%.Applying this 79.214% change to the original purchase price of £174,500 results in an estimated price of approximately £312,728.
| 19 Dec 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 146.7 | 79.214 % | £174,500 | £138,228 | £312,728 |
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 | -56.773 % | £-99,068 | £75,431 |
| 3 Month Average | -6.639 % | £-11,585 | £162,914 |
| 6 Month Average | 19.617 % | £34,231 | £208,731 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 23 Sep 2020.
The average size of a house on MELROSE DRIVE is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorado Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Clyde Grove |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Clyde Grove |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clyde Grove |
| Feb 2024 | Anti-social behaviour | On or near Sculptor Crescent |