£103,691
This estimated value is based upon the latest sale price for the house of £65,000 on 3 Feb 2014. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £65,000 | 3 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2014 the House Price Index for STOCKTON-ON-TEES was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £65,000 results in an estimated price of approximately £103,691.
| 3 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £65,000 | £38,691 | £103,691 |
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 | 29.866 % | £19,412 | £84,412 |
| 3 Month Average | 31.018 % | £20,161 | £85,161 |
| 6 Month Average | 18.532 % | £12,045 | £77,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £122,789 | £120,000 | 57 PENTLAND AVENUE |
| 16 Jun 2023 | £94,902 | £93,000 | 43 PENTLAND AVENUE |
| 9 Jun 2023 | £81,636 | £80,000 | 65 MALVERN ROAD |
| 31 Mar 2023 | £97,630 | £96,000 | 95 MALVERN ROAD |
| 30 Jun 2022 | £107,294 | £105,000 | 70 MALVERN ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Jul 2012. Using an estimated price of £103,691 means this house is valued at £1,296 per sq meter (£120 per sq foot).
The average size of a house on MALVERN ROAD is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Malvern Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Malvern Road |
| May 2024 | Shoplifting | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Other theft | Under investigation | On or near Parking Area |