£386,040
This estimated value is based upon the latest sale price for the house of £300,000 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 |
|---|---|
| £300,000 | 12 May 2017 |
| £150,000 | 12 Jun 2008 |
| Freehold |
| Floor Area: 43 sq meters or 462 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 £300,000 results in an estimated price of approximately £386,040.
| 12 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £300,000 | £86,040 | £386,040 |
The Postcode Pricing Model uses changes in average sales price within the TS18 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 | 3.958 % | £11,873 | £311,873 |
| 3 Month Average | -17.889 % | £-53,665 | £246,334 |
| 6 Month Average | 11.346 % | £34,039 | £334,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £122,137 | £120,000 | FLAT 25 NORTON ROAD |
| 22 Nov 2023 | £507,514 | £500,000 | 149 HIGH STREET |
| 22 Mar 2023 | £70,666 | £70,000 | 38 NORTON ROAD |
| 17 Mar 2023 | £504,755 | £500,000 | UNITS 5A-5B ST ANNS INDUSTRIAL ESTATE |
| 31 Jan 2023 | £108,489 | £109,000 | 129 NORTON ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 27 May 2020. Using an estimated price of £386,041 means this house is valued at £8,977 per sq meter (£834 per sq foot).
The average size of a house on NORTON ROAD is 124 sq meters (1,337 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Haffron Avenue |