£111,584
This estimated value is based upon the latest sale price for the house of £60,000 on 6 Jun 2005. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £60,000 | 6 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2005 the House Price Index for STOCKTON-ON-TEES was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £60,000 results in an estimated price of approximately £111,584.
| 6 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £60,000 | £51,584 | £111,584 |
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 | 66.599 % | £39,959 | £99,959 |
| 3 Month Average | 30.231 % | £18,138 | £78,138 |
| 6 Month Average | 39.991 % | £23,994 | £83,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £107,937 | £107,000 | 21 PINE STREET |
| 15 Dec 2023 | £247,609 | £240,000 | 10 HIGH STREET |
| 12 Dec 2023 | £107,297 | £104,000 | 17 PINE STREET |
| 3 Mar 2023 | £106,783 | £105,000 | 15 PINE STREET |
| 11 Aug 2022 | £82,385 | £82,000 | 16 PINE STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 27 Sep 2018. Using an estimated price of £111,585 means this house is valued at £1,829 per sq meter (£169 per sq foot).
The average size of a house on BILLINGHAM ROAD is 81 sq meters (881 sq feet).