37, DRIFFIELD WAY, BILLINGHAM, TS23 3RD - £120,000

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.

37 DRIFFIELD WAY is a semi-detached house, which could now be worth an estimated £156,672. It was last sold for £120,000 in May 2017, which was around 4% below the average May 2017 semi-detached price in the Stockton-on-Tees local authority area.

37 DRIFFIELD WAY Sold Prices

Land registry data shows three sales for 37 DRIFFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the three 37 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
2017 5 MAY	£120,000	£125,102	4% below HPI
2012 21 DEC	£93,000	£111,320	16% below HPI
2008 25 JUL	£86,250	£125,976	32% below HPI

What might 37 DRIFFIELD WAY be worth now?

37 DRIFFIELD WAY might now be worth an estimated £156,672.

This is based on house price inflation of 30.6%, between May 2017 and April 2026, for semi-detached houses, 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 30.6% inflationary increase is applied to the most recent sale price for 37 DRIFFIELD WAY of £120,000 on 5th May 2017. For the value to have increased from £120,000 to £156,672 over the nine years and one month to April 2026, the following assumptions must hold true:

• The value of 37 DRIFFIELD WAY has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The May 2017 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 37 DRIFFIELD WAY has not materially changed since May 2017.

Where is 37 DRIFFIELD WAY?

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