£83,840
This estimated value is based upon the latest sale price for the house of £83,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £83,000 | 29 Jul 2022 |
| £35,000 | 17 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2022 the House Price Index for STOCKTON-ON-TEES was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £83,000 results in an estimated price of approximately £83,840.
| 29 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £83,000 | £840 | £83,840 |
The Postcode Pricing Model uses changes in average sales price within the TS17 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 | 13.116 % | £10,886 | £93,886 |
| 3 Month Average | -5.230 % | £-4,341 | £78,658 |
| 6 Month Average | 10.282 % | £8,534 | £91,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £81,057 | £78,999 | 23 STRANTON STREET |
| 19 Sep 2023 | £68,510 | £67,000 | 105 LANEHOUSE ROAD |
| 8 Aug 2023 | £86,561 | £85,000 | 7 OXFORD ROAD |
| 13 Apr 2023 | £69,806 | £68,500 | 67 STRANTON STREET |
| 1 Mar 2023 | £68,646 | £67,500 | 59 STRANTON STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 28 May 2020. Using an estimated price of £83,840 means this house is valued at £986 per sq meter (£91 per sq foot).
The average size of a house on STRANTON STREET is 89 sq meters (958 sq feet).