£185,157
This estimated value is based upon the latest sale price for the house of £148,995 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £148,995 | 19 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 December 2018 the House Price Index for STOCKTON-ON-TEES was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £148,995 results in an estimated price of approximately £185,157.
| 19 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £148,995 | £36,162 | £185,157 |
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 | 40.366 % | £60,144 | £209,139 |
| 3 Month Average | 0.916 % | £1,364 | £150,359 |
| 6 Month Average | 5.080 % | £7,568 | £156,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £162,497 | £160,000 | 10 SMAILES CLOSE |
| 1 Aug 2023 | £169,049 | £166,000 | 2 GIBSON ROAD |
| 5 Jun 2023 | £173,476 | £170,000 | 6 BLAIR CLOSE |
| 2 Jun 2023 | £72,962 | £71,500 | 150 NORTON ROAD |
| 2 Jun 2023 | £72,962 | £71,500 | 162 NORTON ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 5 Dec 2018. Using an estimated price of £185,158 means this house is valued at £1,780 per sq meter (£165 per sq foot).
The average size of a house on GIBSON ROAD is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smailes Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smailes Close |
| Oct 2024 | Public order | Under investigation | On or near Fossick Road |
| Oct 2024 | Drugs | Under investigation | On or near Fossick Road |
| Oct 2024 | Other crime | Under investigation | On or near Fossick Road |