£588,656
This estimated value is based upon the latest sale price for the house of £472,500 on 23 Apr 2019. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £472,500 | 23 Apr 2019 |
| £315,000 | 7 Sep 2012 |
| £98,000 | 18 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 225 sq meters or 2,421 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 April 2019 the House Price Index for STOCKTON-ON-TEES was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £472,500 results in an estimated price of approximately £588,656.
| 23 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £472,500 | £116,156 | £588,656 |
The Postcode Pricing Model uses changes in average sales price within the TS15 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 | -5.464 % | £-25,816 | £446,683 |
| 3 Month Average | 17.046 % | £80,541 | £553,041 |
| 6 Month Average | 16.594 % | £78,405 | £550,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £434,580 | £425,000 | 5 FOXTON CLOSE |
| 25 Aug 2023 | £519,367 | £510,000 | 6 VALLEY DRIVE |
| 23 Aug 2023 | £437,898 | £430,000 | 39 VALLEY DRIVE |
| 1 Jun 2023 | £447,977 | £439,000 | 4 FOXTON CLOSE |
| 25 Apr 2023 | £682,771 | £670,000 | 83 VALLEY DRIVE |
This house has a floor area of 225 sq meters or 2,421 sq feet when measured on 22 Mar 2018. Using an estimated price of £588,656 means this house is valued at £2,616 per sq meter (£243 per sq foot).
The average size of a house on VALLEY DRIVE is 180 sq meters (1,948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Action to be taken by another organisation | On or near Valley Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Wainstones Court |
| Aug 2024 | Anti-social behaviour | On or near Levendale Close | |
| Aug 2024 | Anti-social behaviour | On or near Levendale Close | |
| Aug 2024 | Anti-social behaviour | On or near Levendale Close |