£74,655
This estimated value is based upon the latest sale price for the house of £54,000 on 7 Jan 2016. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£54,000 | 7 Jan 2016 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2016 the House Price Index for STOCKTON-ON-TEES was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £54,000 results in an estimated price of approximately £74,655.
7 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £54,000 | £20,655 | £74,655 |
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 | 22.281 % | £12,031 | £66,031 |
3 Month Average | 32.097 % | £17,332 | £71,332 |
6 Month Average | 14.066 % | £7,595 | £61,595 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £66,500 | £66,500 | 14 OTTERBURN WAY |
8 Mar 2024 | £78,201 | £77,000 | 16 NEASHAM AVENUE |
7 Aug 2023 | £84,015 | £82,500 | 62 LOW GRANGE AVENUE |
4 Aug 2023 | £132,388 | £130,000 | 4 HOLLINSIDE ROAD |
14 Jun 2023 | £66,329 | £65,000 | 52 OTTERBURN WAY |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Sep 2015. Using an estimated price of £74,656 means this house is valued at £1,008 per sq meter (£93 per sq foot).
The average size of a house on NEWBURY WAY is 86 sq meters (926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbury Way |
Jul 2024 | Anti-social behaviour | On or near Newbury Way | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newbury Way |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newbury Way |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbury Way |