£76,691
This estimated value is based upon the latest sale price for the house of £62,072 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£62,072 | 1 Nov 2019 |
£33,000 | 8 Aug 2019 |
£22,500 | 30 Apr 1999 |
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 November 2019 the House Price Index for STOCKTON-ON-TEES was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £62,072 results in an estimated price of approximately £76,691.
1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £62,072 | £14,619 | £76,691 |
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 | 48.219 % | £29,930 | £92,002 |
3 Month Average | 24.662 % | £15,308 | £77,380 |
6 Month Average | 19.895 % | £12,349 | £74,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £81,057 | £78,999 | 23 STRANTON STREET |
17 Nov 2023 | £86,183 | £83,995 | 3 MYRTLE GROVE |
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 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Jul 2019. Using an estimated price of £76,691 means this house is valued at £902 per sq meter (£83 per sq foot).
The average size of a house on STRANTON STREET is 89 sq meters (958 sq feet).