£252,614
This estimated value is based upon the latest sale price for the house of £205,000 on 9 Nov 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 |
|---|---|
| £205,000 | 9 Nov 2018 |
| £78,000 | 9 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2018 the House Price Index for STOCKTON-ON-TEES was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £205,000 results in an estimated price of approximately £252,614.
| 9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £205,000 | £47,614 | £252,614 |
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 | 16.650 % | £34,131 | £239,131 |
| 3 Month Average | 8.804 % | £18,049 | £223,049 |
| 6 Month Average | 9.677 % | £19,836 | £224,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £228,070 | £225,000 | 25 GAINSBOROUGH CRESCENT |
| 18 Jul 2023 | £223,001 | £220,000 | 12 HOGARTH CLOSE |
| 14 Oct 2022 | £273,555 | £276,500 | 1 REYNOLDS COURT |
| 31 May 2022 | £247,667 | £243,000 | 40 GAINSBOROUGH CRESCENT |
| 11 Apr 2022 | £247,152 | £240,000 | 42 GAINSBOROUGH CRESCENT |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 19 Jul 2018. Using an estimated price of £252,614 means this house is valued at £2,806 per sq meter (£260 per sq foot).
The average size of a house on TURNER CLOSE is 123 sq meters (1,325 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Gainsborough Crescent |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Brandon Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Romney Green |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Casson Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Casson Way |