£162,780
This estimated value is based upon the latest sale price for the house of £126,500 on 24 May 2017. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£126,500 | 24 May 2017 |
£135,000 | 28 Apr 2017 |
£152,970 | 7 Aug 2009 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,172 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 May 2017 the House Price Index for STOCKTON-ON-TEES was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £126,500 results in an estimated price of approximately £162,780.
24 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £126,500 | £36,280 | £162,780 |
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 | 7.339 % | £9,283 | £135,783 |
3 Month Average | 17.224 % | £21,788 | £148,288 |
6 Month Average | 17.895 % | £22,637 | £149,137 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £134,351 | £132,000 | 9 VERBENA DRIVE |
28 Apr 2023 | £121,306 | £120,000 | 31 VERBENA DRIVE |
3 Apr 2023 | £131,415 | £130,000 | 45 VERBENA DRIVE |
27 Jan 2023 | £111,475 | £112,000 | 15 PARK VIEW |
20 Jan 2023 | £129,390 | £130,000 | 51 VERBENA DRIVE |
This house has a floor area of 108 sq meters or 1,172 sq feet when measured on 1 Jun 2009. Using an estimated price of £162,781 means this house is valued at £1,494 per sq meter (£138 per sq foot).
The average size of a house on GARDENIA WAY is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gardenia Way |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gardenia Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gardenia Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gardenia Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Geranium Close |