£209,405
This estimated value is based upon the latest sale price for the house of £68,000 on 22 Feb 2002. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £68,000 | 22 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 589 sq meters or 6,339 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 February 2002 the House Price Index for STOCKTON-ON-TEES was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £68,000 results in an estimated price of approximately £209,405.
| 22 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £68,000 | £141,405 | £209,405 |
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 | 150.299 % | £102,203 | £170,203 |
| 3 Month Average | 107.522 % | £73,114 | £141,114 |
| 6 Month Average | 182.135 % | £123,852 | £191,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £84,075 | £83,000 | 14 BOWESFIELD LANE |
| 25 Aug 2023 | £85,750 | £85,000 | 21 LAWRENCE STREET |
| 28 Jul 2023 | £104,405 | £103,000 | 18 LAWRENCE STREET |
| 15 Jun 2023 | £65,797 | £65,000 | 12 LIGHTFOOT GROVE |
| 21 Apr 2023 | £30,327 | £30,000 | 25 WESTBOURNE STREET |
This house has a floor area of 589 sq meters or 6,339 sq feet when measured on 1 Oct 2015. Using an estimated price of £209,406 means this house is valued at £355 per sq meter (£33 per sq foot).
The average size of a house on BOWESFIELD LANE is 136 sq meters (1,473 sq feet).
This house is the largest in the street with a floor area of 589 sq meters (6,339 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Street |