£334,616
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Mar 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 |
|---|---|
| £110,000 | 22 Mar 2002 |
| £96,500 | 12 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2002 the House Price Index for STOCKTON-ON-TEES was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £110,000 results in an estimated price of approximately £334,616.
| 22 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £110,000 | £224,616 | £334,616 |
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 | 186.123 % | £204,735 | £314,735 |
| 3 Month Average | 131.995 % | £145,194 | £255,194 |
| 6 Month Average | 146.647 % | £161,311 | £271,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £154,340 | £153,000 | 38 OSPREY CLOSE |
| 16 Jun 2023 | £142,353 | £139,500 | 46 ROOK LANE |
| 9 Jun 2023 | £153,067 | £150,000 | 48 ROOK LANE |
| 11 Apr 2023 | £145,726 | £143,000 | 54 ROOK LANE |
| 30 Jan 2023 | £200,536 | £200,000 | 30 OSPREY CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 Nov 2021. Using an estimated price of £334,616 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on ROOK LANE is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Linnet Court |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Siskin Close |