£92,649
This estimated value is based upon the latest sale price for the house of £72,000 on 12 May 2017. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £72,000 | 12 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2017 the House Price Index for STOCKTON-ON-TEES was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £72,000 results in an estimated price of approximately £92,649.
| 12 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £72,000 | £20,649 | £92,649 |
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 | 7.292 % | £5,250 | £77,250 |
| 3 Month Average | 1.832 % | £1,318 | £73,318 |
| 6 Month Average | 12.767 % | £9,192 | £81,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £111,959 | £110,000 | 7 SURREY TERRACE |
| 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 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Jul 2021. Using an estimated price of £92,650 means this house is valued at £1,007 per sq meter (£93 per sq foot).
The average size of a house on COWPEN LANE is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Devon Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devon Crescent |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Devon Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devon Crescent |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hereford Terrace |