£67,715
This estimated value is based upon the latest sale price for the house of £56,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£56,000 | 3 Jul 2020 |
£27,500 | 9 May 1997 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for STOCKTON-ON-TEES was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £56,000 results in an estimated price of approximately £67,715.
3 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £56,000 | £11,715 | £67,715 |
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 | 28.620 % | £16,027 | £72,027 |
3 Month Average | -10.624 % | £-5,949 | £50,050 |
6 Month Average | 20.708 % | £11,596 | £67,596 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £82,725 | £81,500 | 53 WALTER STREET |
8 Sep 2023 | £81,036 | £80,000 | 73 WALTER STREET |
1 Jun 2023 | £80,981 | £80,000 | 47 WALTER STREET |
22 Mar 2023 | £44,418 | £44,000 | 12 SUN STREET |
9 Mar 2023 | £55,523 | £55,000 | 45 WALTER STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 9 May 2012. Using an estimated price of £67,715 means this house is valued at £690 per sq meter (£64 per sq foot).
The average size of a house on THE GROVES is 105 sq meters (1,134 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sun Street |