£634,658
This estimated value is based upon the latest sale price for the house of £408,900 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£408,900 | 14 Dec 2007 |
Detached |
Freehold |
Floor Area: 273 sq meters or 2,938 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 2007 the House Price Index for STOCKTON-ON-TEES was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £408,900 results in an estimated price of approximately £634,658.
14 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 148.6 | 55.211 % | £408,900 | £225,758 | £634,658 |
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 | -10.819 % | £-44,239 | £364,660 |
3 Month Average | -19.141 % | £-78,269 | £330,630 |
6 Month Average | 6.583 % | £26,916 | £435,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £303,628 | £299,950 | 14 PRESTON LANE |
23 Jun 2023 | £533,462 | £527,000 | 9 FROCESTER COURT |
29 Sep 2022 | £50,236 | £50,642 | UNIT W6 WELLINGTON COURT |
10 Jun 2022 | £403,198 | £397,500 | 138 LULLINGSTONE CRESCENT |
14 Apr 2022 | £3,106,929 | £3,017,024 | 1 OPUS PARK |
This house has a floor area of 273 sq meters or 2,938 sq feet when measured on 29 Aug 2018. Using an estimated price of £634,659 means this house is valued at £2,324 per sq meter (£215 per sq foot).
The average size of a house on PRESTON LANE is 170 sq meters (1,836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Preston Park | |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Preston Park |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Preston Park |
Mar 2024 | Anti-social behaviour | On or near Preston Park | |
Mar 2024 | Anti-social behaviour | On or near Preston Park |