£92,051
This estimated value is based upon the latest sale price for the house of £74,000 on 25 Jun 2018. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
There has been one burglary within the last year on or near Essex Crescent
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| Price Paid | Date |
|---|---|
| £74,000 | 25 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 June 2018 the House Price Index for STOCKTON-ON-TEES was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £74,000 results in an estimated price of approximately £92,051.
| 25 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £74,000 | £18,051 | £92,051 |
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 | 57.880 % | £42,831 | £116,831 |
| 3 Month Average | 11.976 % | £8,862 | £82,862 |
| 6 Month Average | 13.455 % | £9,956 | £83,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £131,147 | £130,000 | 34 WARWICK CRESCENT |
| 3 Aug 2023 | £90,794 | £90,000 | 4 ESSEX CRESCENT |
| 30 Jan 2023 | £109,484 | £110,000 | 13 DEVON CRESCENT |
| 12 Jan 2023 | £117,447 | £118,000 | 13 LINCOLN CRESCENT |
| 15 Nov 2022 | £108,684 | £110,000 | 40 WARWICK CRESCENT |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Feb 2018. Using an estimated price of £92,052 means this house is valued at £1,416 per sq meter (£131 per sq foot).
The average size of a house on ESSEX CRESCENT is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Essex Crescent |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Essex Crescent |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Essex Crescent |
| Feb 2024 | Other theft | On or near Billingham (Station) | |
| Feb 2024 | Other theft | On or near Billingham (Station) |