£197,798
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Oct 2013. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
There has been one burglary within the last year on or near Torwell Drive
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| Price Paid | Date |
|---|---|
| £120,000 | 23 Oct 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2013 the House Price Index for STOCKTON-ON-TEES was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £120,000 results in an estimated price of approximately £197,798.
| 23 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £120,000 | £77,798 | £197,798 |
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 | 27.159 % | £32,590 | £152,590 |
| 3 Month Average | 25.456 % | £30,546 | £150,546 |
| 6 Month Average | 24.435 % | £29,321 | £149,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £164,167 | £160,000 | 9 HARWELL DRIVE |
| 4 Sep 2023 | £88,961 | £87,000 | 11 RIMDALE DRIVE |
| 15 Jun 2023 | £186,232 | £182,500 | 1 TORWELL DRIVE |
| 5 Apr 2023 | £209,926 | £206,000 | 55 RIMSWELL ROAD |
| 27 Feb 2023 | £100,672 | £100,000 | 63 FAIRWELL ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Jun 2013. Using an estimated price of £197,798 means this house is valued at £2,535 per sq meter (£235 per sq foot).
The average size of a house on HARWELL DRIVE is 114 sq meters (1,229 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Torwell Drive | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Torwell Drive |
| Sep 2024 | Anti-social behaviour | On or near Torwell Drive | |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Sorrel Close |
| Aug 2024 | Anti-social behaviour | On or near Rimswell Road |