£172,154
This estimated value is based upon the latest sale price for the house of £115,000 on 29 Jan 2015. 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 Hurworth Road
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Price Paid | Date |
---|---|
£115,000 | 29 Jan 2015 |
£58,500 | 15 Jun 2001 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 824 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 January 2015 the House Price Index for STOCKTON-ON-TEES was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £115,000 results in an estimated price of approximately £172,154.
29 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £115,000 | £57,154 | £172,154 |
The Postcode Pricing Model uses changes in average sales price within the TS23 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 | 25.025 % | £28,778 | £143,778 |
3 Month Average | 41.243 % | £47,428 | £162,428 |
6 Month Average | 25.326 % | £29,124 | £144,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £135,000 | £135,000 | 67 WANSFORD CLOSE |
17 Nov 2023 | £130,308 | £127,000 | 62 WANSFORD CLOSE |
17 Mar 2023 | £168,413 | £165,600 | 3 HURWORTH ROAD |
5 Aug 2022 | £180,846 | £180,000 | 15 HURWORTH ROAD |
5 Aug 2022 | £140,658 | £140,000 | 17 HURWORTH ROAD |
This house has a floor area of 76 sq meters or 824 sq feet when measured on 23 Mar 2011. Using an estimated price of £172,155 means this house is valued at £2,246 per sq meter (£208 per sq foot).
The average size of a house on OWINGTON GROVE is 75 sq meters (812 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hurworth Road |