£113,206
This estimated value is based upon the latest sale price for the house of £62,000 on 8 Nov 2005. This value is then adjusted by the current Official House Price Index for STOCKTON-ON-TEES 1
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| Price Paid | Date |
|---|---|
| £62,000 | 8 Nov 2005 |
| £30,000 | 19 Jul 2002 |
| £30,000 | 26 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 2005 the House Price Index for STOCKTON-ON-TEES was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £62,000 results in an estimated price of approximately £113,206.
| 8 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £62,000 | £51,206 | £113,206 |
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 | 2.524 % | £1,564 | £63,564 |
| 3 Month Average | 23.082 % | £14,310 | £76,310 |
| 6 Month Average | 27.054 % | £16,773 | £78,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £420,679 | £410,000 | 31 THE GREEN |
| 12 Apr 2023 | £129,930 | £127,500 | 433 THORNABY ROAD |
| 11 Apr 2023 | £168,145 | £165,000 | 5 THE WOODLANDS |
| 28 Nov 2022 | £144,320 | £144,995 | 381 THORNABY ROAD |
| 21 Nov 2022 | £79,628 | £80,000 | 25 YORK APARTMENTS MARTINET ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 23 Sep 2020. Using an estimated price of £113,207 means this house is valued at £2,830 per sq meter (£262 per sq foot).
The average size of a house on MARTINET ROAD is 44 sq meters (476 sq feet).