£190,193
This estimated value is based upon the latest sale price for the house of £156,750 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £156,750 | 27 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 March 2020 the House Price Index for STOCKTON-ON-TEES was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £156,750 results in an estimated price of approximately £190,193.
| 27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £156,750 | £33,443 | £190,193 |
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 | 33.573 % | £52,625 | £209,375 |
| 3 Month Average | 9.056 % | £14,194 | £170,944 |
| 6 Month Average | 11.989 % | £18,792 | £175,542 |
| 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 |
| 24 Feb 2023 | £181,210 | £180,000 | 2 SMAILES CLOSE |
| 27 Jan 2023 | £195,522 | £195,000 | 20 BLAIR CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Feb 2020. Using an estimated price of £190,193 means this house is valued at £2,186 per sq meter (£203 per sq foot).
The average size of a house on HILLS DRIVE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hills Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hills Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blair Close |
| Oct 2024 | Other crime | Under investigation | On or near Fossick Road |
| Oct 2024 | Public order | Under investigation | On or near Fossick Road |