£239,458
This estimated value is based upon the latest sale price for the house of £157,925 on 11 Sep 2014. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £157,925 | 11 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 September 2014 the House Price Index for STOCKTON-ON-TEES was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £157,925 results in an estimated price of approximately £239,458.
| 11 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £157,925 | £81,533 | £239,458 |
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 | 55.806 % | £88,131 | £246,056 |
| 3 Month Average | 5.161 % | £8,150 | £166,075 |
| 6 Month Average | 8.540 % | £13,487 | £171,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £190,323 | £186,000 | 3 LEO GROVE |
| 20 Oct 2023 | £286,507 | £280,000 | 8 LYNX WAY |
| 15 Aug 2023 | £107,947 | £106,000 | 2J SCULPTOR CRESCENT |
| 3 Mar 2023 | £201,363 | £198,000 | 9 INNOVATION AVENUE |
| 17 Feb 2023 | £231,547 | £230,000 | 16 HYDRA WAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 8 Aug 2016. Using an estimated price of £239,459 means this house is valued at £2,443 per sq meter (£227 per sq foot).
The average size of a house on INNOVATION AVENUE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Innovation Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Innovation Avenue |
| Sep 2024 | Anti-social behaviour | On or near Innovation Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Innovation Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Innovation Avenue |