£99,855
This estimated value is based upon the latest sale price for the house of £75,000 on 18 Aug 2016. 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 Farleigh Close
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| Price Paid | Date |
|---|---|
| £75,000 | 18 Aug 2016 |
| £37,500 | 7 Mar 1997 |
| £38,500 | 10 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 August 2016 the House Price Index for STOCKTON-ON-TEES was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £75,000 results in an estimated price of approximately £99,855.
| 18 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £75,000 | £24,855 | £99,855 |
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 | 4.525 % | £3,393 | £78,393 |
| 3 Month Average | 7.525 % | £5,644 | £80,644 |
| 6 Month Average | 15.986 % | £11,989 | £86,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £96,183 | £94,500 | 157 BRAEMAR ROAD |
| 13 Sep 2023 | £84,075 | £83,000 | 47 SANDOWN ROAD |
| 18 Aug 2023 | £116,015 | £115,000 | 143 BRAEMAR ROAD |
| 17 Jul 2023 | £94,269 | £93,000 | 118 RIEVAULX AVENUE |
| 7 Mar 2022 | £119,170 | £115,000 | 151 BRAEMAR ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Sep 2020. Using an estimated price of £99,856 means this house is valued at £1,203 per sq meter (£111 per sq foot).
The average size of a house on BRAEMAR ROAD is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Farleigh Close |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Farleigh Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farleigh Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farleigh Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Farleigh Close |