£187,237
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Apr 2018. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £150,000 | 17 Apr 2018 |
| £146,500 | 7 Aug 2015 |
| £152,000 | 29 Apr 2009 |
| £79,950 | 31 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 848 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 April 2018 the House Price Index for STOCKTON-ON-TEES was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £150,000 results in an estimated price of approximately £187,237.
| 17 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £150,000 | £37,237 | £187,237 |
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 | 3.867 % | £5,800 | £155,800 |
| 3 Month Average | 16.803 % | £25,205 | £175,205 |
| 6 Month Average | 7.961 % | £11,941 | £161,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £290,000 | £290,000 | 6 ETTON ROAD |
| 21 Jul 2023 | £243,274 | £240,000 | 2 SPRINGWELL CLOSE |
| 31 Oct 2022 | £209,742 | £212,000 | 8 MILLINGTON CLOSE |
| 12 Aug 2022 | £127,158 | £127,500 | 346 LOW GRANGE AVENUE |
| 30 Jun 2022 | £264,741 | £261,000 | 9 SPRINGWELL CLOSE |
This house has a floor area of 78 sq meters or 848 sq feet when measured on 27 Oct 2008. Using an estimated price of £187,238 means this house is valued at £2,374 per sq meter (£220 per sq foot).
The average size of a house on SPRINGWELL CLOSE is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beeford Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Driffield Way |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cranswick Close |
| Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near Cranswick Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cranswick Close |