£217,998
This estimated value is based upon the latest sale price for the house of £174,950 on 2 Aug 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 |
|---|---|
| £174,950 | 2 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 August 2018 the House Price Index for STOCKTON-ON-TEES was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £174,950 results in an estimated price of approximately £217,998.
| 2 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £174,950 | £43,048 | £217,998 |
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 | 78.595 % | £137,501 | £312,451 |
| 3 Month Average | 3.876 % | £6,781 | £181,731 |
| 6 Month Average | 9.795 % | £17,136 | £192,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £149,290 | £145,500 | 6 MILLENNIUM DRIVE |
| 15 Sep 2023 | £235,184 | £230,000 | 8 INFINITY VIEW |
| 20 Jan 2023 | £155,415 | £155,000 | 16 GRAINTON COURT |
| 30 Nov 2021 | £209,733 | £192,500 | 2 GRAINTON COURT |
| 29 Sep 2021 | £171,520 | £158,000 | 1 FARONIA WALK |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 9 Feb 2018. Using an estimated price of £217,998 means this house is valued at £2,137 per sq meter (£198 per sq foot).
The average size of a house on MILLENNIUM DRIVE is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jubilee Way |
| Oct 2024 | Anti-social behaviour | On or near Infinity View | |
| Oct 2024 | Anti-social behaviour | On or near Infinity View | |
| Oct 2024 | Anti-social behaviour | On or near Infinity View | |
| Sep 2024 | Anti-social behaviour | On or near Infinity View |