£137,755
This estimated value is based upon the latest sale price for the house of £95,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£95,000 | 10 Jul 2015 |
£99,950 | 28 Apr 2006 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 879 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 July 2015 the House Price Index for STOCKTON-ON-TEES was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £95,000 results in an estimated price of approximately £137,755.
10 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £95,000 | £42,755 | £137,755 |
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 | -11.047 % | £-10,494 | £84,505 |
3 Month Average | 37.779 % | £35,890 | £130,890 |
6 Month Average | 19.105 % | £18,149 | £113,149 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £94,138 | £92,000 | NEWTOWN METHODIST CHURCH GREEN LANE |
1 Jun 2023 | £120,413 | £118,000 | 30 STUDLEY ROAD |
21 Mar 2023 | £76,274 | £75,000 | 131 DURHAM ROAD |
6 Sep 2022 | £70,803 | £70,850 | 23 STAVORDALE ROAD |
31 Aug 2022 | £77,362 | £77,000 | 35 STAVORDALE ROAD |
This house has a floor area of 81 sq meters or 879 sq feet when measured on 27 Aug 2010. Using an estimated price of £137,756 means this house is valued at £1,686 per sq meter (£156 per sq foot).
The average size of a house on STAVORDALE ROAD is 97 sq meters (1,048 sq feet).