£122,621
This estimated value is based upon the latest sale price for the house of £120,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
There has been one burglary within the last year on or near Grove Terrace
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| Price Paid | Date |
|---|---|
| £120,000 | 24 Jun 2022 |
| £31,000 | 29 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 June 2022 the House Price Index for STOCKTON-ON-TEES was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £120,000 results in an estimated price of approximately £122,621.
| 24 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £120,000 | £2,621 | £122,621 |
The Postcode Pricing Model uses changes in average sales price within the TS20 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 | -44.360 % | £-53,232 | £66,767 |
| 3 Month Average | -24.067 % | £-28,880 | £91,119 |
| 6 Month Average | -15.105 % | £-18,125 | £101,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £73,112 | £71,500 | 7 NORTH MOUNT PLEASANT STREET |
| 21 Sep 2023 | £112,480 | £110,000 | 292 NORTON ROAD |
| 26 Apr 2023 | £50,953 | £50,000 | 10 NORTH MOUNT PLEASANT STREET |
| 21 Mar 2023 | £93,563 | £92,000 | 5 EDGAR STREET |
| 26 Jan 2023 | £40,102 | £39,995 | 6 PROSPECT PLACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Jul 2021. Using an estimated price of £122,621 means this house is valued at £1,592 per sq meter (£147 per sq foot).
The average size of a house on GROVE TERRACE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Terrace |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Terrace |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Terrace |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Grove Terrace |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Grove Terrace |