£222,997
This estimated value is based upon the latest sale price for the house of £40,000 on 19 Jul 1996. 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 Wembley Court
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| Price Paid | Date |
|---|---|
| £40,000 | 19 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 1996 the House Price Index for STOCKTON-ON-TEES was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £40,000 results in an estimated price of approximately £222,997.
| 19 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 148.6 | 457.495 % | £40,000 | £182,997 | £222,997 |
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 | 33.486 % | £13,394 | £53,394 |
| 3 Month Average | 139.613 % | £55,845 | £95,845 |
| 6 Month Average | 222.258 % | £88,903 | £128,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £39,750 | £39,750 | 67 WREN STREET |
| 18 Sep 2023 | £69,894 | £69,000 | 23 TYNEDALE STREET |
| 5 Sep 2023 | £54,699 | £54,000 | 28 NORFOLK STREET |
| 12 Apr 2023 | £45,490 | £45,000 | 47 SUFFOLK STREET |
| 24 Mar 2023 | £75,712 | £74,999 | 33 NORFOLK STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Dec 2014. Using an estimated price of £222,998 means this house is valued at £2,973 per sq meter (£276 per sq foot).
The average size of a house on ELSDON STREET is 109 sq meters (1,173 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wembley Court |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wembley Court |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Wembley Court |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wembley Court |