£184,577
This estimated value is based upon the latest sale price for the house of £115,000 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £115,000 | 20 Dec 2013 |
| £99,995 | 28 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 2013 the House Price Index for STOCKTON-ON-TEES was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £115,000 results in an estimated price of approximately £184,577.
| 20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £115,000 | £69,577 | £184,577 |
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 | 8.198 % | £9,427 | £124,427 |
| 3 Month Average | 9.548 % | £10,980 | £125,980 |
| 6 Month Average | 10.534 % | £12,113 | £127,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £128,908 | £127,000 | 62 WANSFORD CLOSE |
| 17 Mar 2023 | £167,175 | £165,600 | 3 HURWORTH ROAD |
| 27 Jan 2023 | £149,297 | £150,000 | 101 WANSFORD CLOSE |
| 5 Aug 2022 | £179,517 | £180,000 | 15 HURWORTH ROAD |
| 5 Aug 2022 | £139,624 | £140,000 | 17 HURWORTH ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Sep 2013. Using an estimated price of £184,577 means this house is valued at £2,146 per sq meter (£199 per sq foot).
The average size of a house on LOW GRANGE AVENUE is 90 sq meters (972 sq feet).