£249,167
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Oct 2022. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £250,000 | 26 Oct 2022 |
| £183,000 | 17 Dec 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,403 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 2022 the House Price Index for STOCKTON-ON-TEES was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £250,000 results in an estimated price of approximately £249,167.
| 26 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £250,000 | £-832 | £249,167 |
The Postcode Pricing Model uses changes in average sales price within the TS19 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 | 55.518 % | £138,795 | £388,795 |
| 3 Month Average | 0.975 % | £2,436 | £252,436 |
| 6 Month Average | 6.487 % | £16,216 | £266,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £216,883 | £215,000 | 5 MIDDLEHAM ROAD |
| 15 Jun 2023 | £171,436 | £168,000 | 19 COVERDALE ROAD |
| 26 Oct 2022 | £249,168 | £250,000 | 16 FAIRFIELD ROAD |
| 1 Aug 2022 | £150,705 | £150,000 | 8 COVERDALE ROAD |
| 8 Jul 2022 | £196,974 | £195,000 | 31 COVERDALE ROAD |
This house has a floor area of 130 sq meters or 1,403 sq feet when measured on 20 Oct 2011. Using an estimated price of £249,168 means this house is valued at £1,910 per sq meter (£177 per sq foot).
The average size of a house on FAIRFIELD ROAD is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merville Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Merville Avenue |
| Jul 2024 | Anti-social behaviour | On or near Merville Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Merville Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Merville Avenue |