£134,859
This estimated value is based upon the latest sale price for the house of £132,500 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £132,500 | 8 Dec 2023 |
| £30,000 | 12 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2023 the House Price Index for STOCKTON-ON-TEES was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £132,500 results in an estimated price of approximately £134,859.
| 8 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £132,500 | £2,359 | £134,859 |
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 | 22.569 % | £29,904 | £162,404 |
| 3 Month Average | 7.299 % | £9,671 | £142,171 |
| 6 Month Average | -5.482 % | £-7,263 | £125,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £134,860 | £132,500 | 74 COWPEN LANE |
| 30 Jun 2023 | £131,594 | £130,000 | 20 CORNWALL CRESCENT |
| 9 Jun 2023 | £111,349 | £110,000 | 11 DORSET CRESCENT |
| 24 Mar 2023 | £103,475 | £102,500 | 32 DEVON CRESCENT |
| 7 Mar 2023 | £121,141 | £120,000 | 6 CORNWALL CRESCENT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 18 May 2015. Using an estimated price of £134,860 means this house is valued at £1,309 per sq meter (£121 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 | Other theft | Investigation complete; no suspect identified | On or near Cowpen Lane |