£108,059
This estimated value is based upon the latest sale price for the house of £58,000 on 22 May 2009. 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 Hastings Way
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| Price Paid | Date |
|---|---|
| £58,000 | 22 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2009 the House Price Index for STOCKTON-ON-TEES was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £58,000 results in an estimated price of approximately £108,059.
| 22 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £58,000 | £50,059 | £108,059 |
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 | 10.952 % | £6,351 | £64,351 |
| 3 Month Average | 26.215 % | £15,204 | £73,204 |
| 6 Month Average | 15.660 % | £9,082 | £67,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £65,569 | £65,000 | 24 FLODDEN WAY |
| 19 Apr 2024 | £65,569 | £65,000 | 19 EDGEHILL WAY |
| 26 Oct 2023 | £107,440 | £105,000 | 54 HASTINGS WAY |
| 22 Sep 2023 | £97,141 | £95,000 | 58 HASTINGS WAY |
| 15 Aug 2023 | £61,102 | £60,000 | 49 EDGEHILL WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 9 Oct 2013. Using an estimated price of £108,059 means this house is valued at £1,317 per sq meter (£122 per sq foot).
The average size of a house on HASTINGS WAY is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Unable to prosecute suspect | On or near Hastings Way |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hastings Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hastings Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hastings Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hastings Way |