£278,832
This estimated value is based upon the latest sale price for the house of £272,500 on 25 Oct 2023. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £272,500 | 25 Oct 2023 |
| £230,000 | 16 Aug 2021 |
| £45,000 | 3 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 207 sq meters or 2,228 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 October 2023 the House Price Index for STOCKTON-ON-TEES was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £272,500 results in an estimated price of approximately £278,832.
| 25 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £272,500 | £6,332 | £278,832 |
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 | 46.277 % | £126,105 | £398,605 |
| 3 Month Average | 15.323 % | £41,754 | £314,254 |
| 6 Month Average | 11.692 % | £31,860 | £304,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £180,777 | £178,000 | 8 OAKDENE AVENUE |
| 17 Nov 2023 | £121,843 | £118,750 | 15 OAKDENE AVENUE |
| 16 Nov 2023 | £94,909 | £92,500 | 4 DEVONSHIRE STREET |
| 25 Oct 2023 | £278,833 | £272,500 | 48 HARTBURN LANE |
| 15 Sep 2023 | £357,889 | £350,000 | 58 HARTBURN LANE |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 13 Jul 2021. Using an estimated price of £278,833 means this house is valued at £1,347 per sq meter (£125 per sq foot).
The average size of a house on HARTBURN LANE is 185 sq meters (1,993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Linden Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Linden Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Linden Avenue | |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakdene Avenue |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakdene Avenue |