£64,106
This estimated value is based upon the latest sale price for the house of £48,000 on 1 Jun 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 Lansdown Way
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| Price Paid | Date |
|---|---|
| £48,000 | 1 Jun 2016 |
| £42,000 | 30 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 June 2016 the House Price Index for STOCKTON-ON-TEES was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £48,000 results in an estimated price of approximately £64,106.
| 1 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £48,000 | £16,106 | £64,106 |
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 | -10.928 % | £-5,245 | £42,754 |
| 3 Month Average | 6.766 % | £3,247 | £51,247 |
| 6 Month Average | 20.979 % | £10,069 | £58,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £77,000 | £77,000 | 16 NEASHAM AVENUE |
| 25 Jul 2023 | £65,887 | £65,000 | 15 ASHDOWN WAY |
| 16 Jun 2023 | £80,981 | £80,000 | 68 BANNOCKBURN WAY |
| 14 Jun 2023 | £65,797 | £65,000 | 52 OTTERBURN WAY |
| 5 Jun 2023 | £107,401 | £106,100 | 3 BOSWORTH WAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 Feb 2016. Using an estimated price of £64,106 means this house is valued at £689 per sq meter (£64 per sq foot).
The average size of a house on CULLODEN WAY is 108 sq meters (1,163 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Lansdown Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lansdown Way |
| Mar 2024 | Public order | Under investigation | On or near Lansdown Way |
| Mar 2024 | Public order | Under investigation | On or near Lansdown Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lansdown Way |