£199,317
This estimated value is based upon the latest sale price for the house of £188,000 on 14 Jan 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 |
|---|---|
| £188,000 | 14 Jan 2022 |
| £74,500 | 4 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2022 the House Price Index for STOCKTON-ON-TEES was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £188,000 results in an estimated price of approximately £199,317.
| 14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £188,000 | £11,317 | £199,317 |
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 | 110.474 % | £207,690 | £395,690 |
| 3 Month Average | 25.130 % | £47,243 | £235,243 |
| 6 Month Average | 14.160 % | £26,620 | £214,620 |
| 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 71 sq meters or 764 sq feet when measured on 30 Sep 2021. Using an estimated price of £199,317 means this house is valued at £2,807 per sq meter (£260 per sq foot).
The average size of a house on SPRINGFIELD AVENUE is 109 sq meters (1,175 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 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 |