£517,992
This estimated value is based upon the latest sale price for the house of £385,000 on 3 Jun 2016. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £385,000 | 3 Jun 2016 |
| £140,000 | 14 May 2010 |
| £160,000 | 24 Apr 2009 |
| Detached |
| Freehold |
| Floor Area: 232 sq meters or 2,501 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 2016 the House Price Index for STOCKTON-ON-TEES was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £385,000 results in an estimated price of approximately £517,992.
| 3 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £385,000 | £132,992 | £517,992 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | 87.128 % | £335,443 | £720,443 |
| 3 Month Average | 47.224 % | £181,812 | £566,812 |
| 6 Month Average | 42.843 % | £164,945 | £549,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £99,526 | £97,000 | 2 DRYBURN ROAD |
| 26 Aug 2022 | £60,282 | £60,000 | 114 SCURFIELD ROAD |
| 25 Mar 2022 | £120,052 | £115,000 | 26 DRYBURN ROAD |
| 25 Mar 2022 | £108,569 | £104,000 | 14 DRYBURN ROAD |
| 8 Mar 2022 | £66,812 | £64,000 | 125 SCURFIELD ROAD |
This house has a floor area of 232 sq meters or 2,501 sq feet when measured on 14 Feb 2011. Using an estimated price of £517,993 means this house is valued at £2,229 per sq meter (£207 per sq foot).
The average size of a house on LETCH LANE is 177 sq meters (1,909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Letch Lane |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Letch Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boxer Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Boxer Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Boxer Close |