£233,521
This estimated value is based upon the latest sale price for the house of £175,000 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £175,000 | 21 Oct 2016 |
| £60,000 | 6 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2016 the House Price Index for STOCKTON-ON-TEES was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £175,000 results in an estimated price of approximately £233,521.
| 21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £175,000 | £58,521 | £233,521 |
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 | 59.712 % | £104,496 | £279,496 |
| 3 Month Average | 24.253 % | £42,443 | £217,443 |
| 6 Month Average | 21.576 % | £37,757 | £212,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £180,777 | £178,000 | 8 OAKDENE AVENUE |
| 18 Dec 2023 | £257,926 | £250,000 | 8 HAZELDENE AVENUE |
| 17 Nov 2023 | £121,843 | £118,750 | 15 OAKDENE AVENUE |
| 25 Oct 2023 | £278,833 | £272,500 | 48 HARTBURN LANE |
| 15 Sep 2023 | £357,889 | £350,000 | 58 HARTBURN LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Apr 2016. Using an estimated price of £233,522 means this house is valued at £2,653 per sq meter (£246 per sq foot).
The average size of a house on SPRINGFIELD AVENUE is 109 sq meters (1,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Springfield Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Springfield Avenue | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Springfield Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hazeldene Avenue |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Hazeldene Avenue |