£233,860
This estimated value is based upon the latest sale price for the house of £83,500 on 19 Jul 2002. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£83,500 | 19 Jul 2002 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,041 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 2002 the House Price Index for STOCKTON-ON-TEES was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £83,500 results in an estimated price of approximately £233,860.
19 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £83,500 | £150,360 | £233,860 |
The Postcode Pricing Model uses changes in average sales price within the TS19 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 | 129.253 % | £107,925 | £191,425 |
3 Month Average | 103.067 % | £86,061 | £169,561 |
6 Month Average | 124.775 % | £104,187 | £187,687 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £151,943 | £150,000 | 31 HICKLING GROVE |
19 Sep 2023 | £103,828 | £102,500 | 4 LAUDER CLOSE |
1 Sep 2023 | £198,539 | £196,000 | 41 WELLAND CRESCENT |
11 Jul 2023 | £223,001 | £220,000 | 9 WYE CLOSE |
21 Feb 2023 | £81,945 | £82,000 | 14 HICKLING GROVE |
This house has a floor area of 96 sq meters or 1,041 sq feet when measured on 1 Mar 2011. Using an estimated price of £233,860 means this house is valued at £2,416 per sq meter (£224 per sq foot).
The average size of a house on WELLAND CRESCENT is 97 sq meters (1,051 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wye Close |
Feb 2024 | Anti-social behaviour | On or near Wye Close | |
Feb 2024 | Anti-social behaviour | On or near Wye Close | |
Jan 2024 | Other crime | Under investigation | On or near Wye Close |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Lauder Close |