£65,134
This estimated value is based upon the latest sale price for the house of £60,000 on 22 Sep 2021. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£60,000 | 22 Sep 2021 |
£81,000 | 30 Jul 2008 |
£44,000 | 12 Dec 2003 |
£25,950 | 12 Dec 1997 |
Flats/Maisonettes |
Freehold |
Floor Area: 58 sq meters or 624 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 September 2021 the House Price Index for STOCKTON-ON-TEES was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £60,000 results in an estimated price of approximately £65,134.
22 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £60,000 | £5,134 | £65,134 |
The Postcode Pricing Model uses changes in average sales price within the TS22 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 | 19.077 % | £11,446 | £71,446 |
3 Month Average | 29.673 % | £17,803 | £77,803 |
6 Month Average | -1.440 % | £-863 | £59,136 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £143,156 | £140,000 | 37 MONKSEATON DRIVE |
26 Jun 2023 | £73,472 | £72,000 | 79 BELMONT AVENUE |
11 Mar 2022 | £177,469 | £170,000 | 93 BELMONT AVENUE |
26 Nov 2021 | £72,453 | £66,500 | 29 BELMONT AVENUE |
28 Oct 2021 | £67,995 | £61,000 | 24 BELMONT AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Mar 2020. Using an estimated price of £65,134 means this house is valued at £1,123 per sq meter (£104 per sq foot).
The average size of a house on BELMONT AVENUE is 65 sq meters (702 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Under investigation | On or near Belmont Avenue |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belmont Avenue |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Avenue |
Sep 2024 | Anti-social behaviour | On or near Stainton Road | |
Sep 2024 | Anti-social behaviour | On or near Stainton Road |