22, DRIFFIELD WAY, BILLINGHAM, TS23 3RD - £32,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 DRIFFIELD WAY is a very large flat of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £36,617. It was last sold for £32,000 in May 2010, which was around 57% below the average May 2010 flat price in the Stockton-on-Tees local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

22 DRIFFIELD WAY Sold Prices

Land registry data shows two sales for 22 DRIFFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Stockton-on-Tees local authority area for the corresponding sale date. Both of the two 22 DRIFFIELD WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 28 MAY	£32,000	£74,601	57% below HPI
1999 16 APR	£14,000	£28,731	51% below HPI

What might 22 DRIFFIELD WAY be worth now?

22 DRIFFIELD WAY might now be worth an estimated £36,617.

This is based on house price inflation of 14.4%, between May 2010 and April 2026, for flats, in the Stockton-on-Tees local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.4% inflationary increase is applied to the most recent sale price for 22 DRIFFIELD WAY of £32,000 on 28th May 2010. For the value to have increased from £32,000 to £36,617 over the sixteen years and one month to April 2026, the following assumptions must hold true:

• The value of 22 DRIFFIELD WAY has moved in line with the HPI for flats in the Stockton-on-Tees local authority area.
• The May 2010 sale price of £32,000 represented a fair market value for the property.
• The size, condition, and specification of 22 DRIFFIELD WAY has not materially changed since May 2010.

How Large is 22 DRIFFIELD WAY?

22 DRIFFIELD WAY is 80m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of flats in Billingham, based on EPC data. 95% of flats are smaller than 22 DRIFFIELD WAY, and 5% of flats are larger. Note that EPC data is not available for all properties in Billingham.

22 DRIFFIELD WAY: Plot

22 DRIFFIELD WAY sits on a plot of roughly 0.051 of an acre, or 205m².

Where is 22 DRIFFIELD WAY?

22 DRIFFIELD WAY is located in BILLINGHAM, in the TS23 postcode district.