£1,052,407
This estimated value is based upon the latest sale price for the house of £1,000,000 on 5 Jan 2022. 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 Sorbonne Close
More crime details
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| Price Paid | Date |
|---|---|
| £1,000,000 | 5 Jan 2022 |
| Freehold |
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 January 2022 the House Price Index for STOCKTON-ON-TEES was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,052,407.
| 5 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £1,000,000 | £52,407 | £1,052,407 |
The Postcode Pricing Model uses changes in average sales price within the TS17 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 | -40.274 % | £-402,737 | £597,262 |
| 3 Month Average | -7.644 % | £-76,435 | £923,564 |
| 6 Month Average | -1.243 % | £-12,427 | £987,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £30,285 | £30,000 | FLAT 27 CLIFTON HOUSE THORNABY PLACE |
| 2 Feb 2023 | £42,971 | £43,000 | FLAT 17 CLIFTON HOUSE THORNABY PLACE |
| 18 Nov 2022 | £31,617 | £32,000 | FLAT 13 CLIFTON HOUSE THORNABY PLACE |
| 27 May 2022 | £1,192,469 | £1,170,000 | GEORGE STEPHENSON HOUSE ST MARKS COURT |
| 5 Jan 2022 | £1,052,408 | £1,000,000 | THE OFFICE THE WATERSIDE SORBONNE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sorbonne Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Sorbonne Close |
| Feb 2024 | Anti-social behaviour | On or near Sorbonne Close | |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Sorbonne Close |
| Feb 2024 | Anti-social behaviour | On or near Sorbonne Close |