£142,862
This estimated value is based upon the latest sale price for the house of £140,000 on 7 Jun 2023. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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Price Paid | Date |
---|---|
£140,000 | 7 Jun 2023 |
£129,995 | 24 Jun 2016 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 June 2023 the House Price Index for STOCKTON-ON-TEES was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £140,000 results in an estimated price of approximately £142,862.
7 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £140,000 | £2,862 | £142,862 |
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 | 1.944 % | £2,721 | £142,721 |
3 Month Average | 25.423 % | £35,592 | £175,592 |
6 Month Average | 4.335 % | £6,069 | £146,069 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £172,810 | £167,500 | 27 FARADAY DRIVE |
28 Sep 2023 | £148,268 | £145,000 | 12 CHADWICK WALK |
7 Jun 2023 | £142,863 | £140,000 | 9 MORRIS CRESCENT |
28 Apr 2023 | £104,454 | £102,500 | 2 SWAN AVENUE |
31 Jan 2023 | £137,868 | £137,500 | 10 MORRIS CRESCENT |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Jun 2016. Using an estimated price of £142,863 means this house is valued at £1,310 per sq meter (£121 per sq foot).
The average size of a house on MORRIS CRESCENT is 90 sq meters (969 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Morris Crescent |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Morris Crescent |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morris Crescent |
Apr 2024 | Anti-social behaviour | On or near Welwyn Close | |
Apr 2024 | Anti-social behaviour | On or near Welwyn Close |