£347,522
This estimated value is based upon the latest sale price for the house of £233,000 on 12 Dec 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 |
|---|---|
| £233,000 | 12 Dec 2014 |
| £77,000 | 10 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2014 the House Price Index for STOCKTON-ON-TEES was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £233,000 results in an estimated price of approximately £347,522.
| 12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £233,000 | £114,522 | £347,522 |
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 | -68.123 % | £-158,726 | £74,273 |
| 3 Month Average | -18.369 % | £-42,799 | £190,200 |
| 6 Month Average | 3.587 % | £8,358 | £241,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £172,202 | £170,000 | 17 REDLAND CLOSE |
| 12 Jul 2023 | £141,910 | £140,000 | 33 KILLINGHALL GROVE |
| 6 Oct 2022 | £197,870 | £200,000 | 31 MERRING CLOSE |
| 26 Aug 2022 | £254,315 | £255,000 | 20 KILLINGHALL GROVE |
| 8 Jul 2022 | £170,459 | £170,000 | 6 KILLINGHALL GROVE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 18 Aug 2014. Using an estimated price of £347,522 means this house is valued at £2,555 per sq meter (£237 per sq foot).
The average size of a house on REDLAND CLOSE is 90 sq meters (973 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redland Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redland Close |
| Mar 2024 | Anti-social behaviour | On or near Killinghall Grove | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Killinghall Grove |
| Mar 2024 | Other theft | Under investigation | On or near Coombe Way |