£114,457
This estimated value is based upon the latest sale price for the house of £61,500 on 8 Apr 2005. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£61,500 | 8 Apr 2005 |
£42,000 | 27 Nov 2003 |
£22,500 | 9 Jul 2001 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 711 sq feet |
This model uses changes in the Official Land Registry House Price Index for MIDDLESBROUGH to estimate the market value.
When this house was purchased in April 2005 the House Price Index for MIDDLESBROUGH was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £61,500 results in an estimated price of approximately £114,457.
8 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.110 % | £61,500 | £52,957 | £114,457 |
The Postcode Pricing Model uses changes in average sales price within the TS1 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 | 120.174 % | £73,906 | £135,406 |
3 Month Average | 62.764 % | £38,599 | £100,099 |
6 Month Average | 43.644 % | £26,840 | £88,340 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £45,583 | £45,000 | 69 CRESCENT ROAD |
29 Jun 2023 | £66,809 | £66,000 | 13 WARWICK STREET |
17 Apr 2023 | £85,925 | £85,000 | 67 CRESCENT ROAD |
25 Mar 2022 | £62,176 | £60,000 | 78 WORCESTER STREET |
21 Mar 2022 | £67,357 | £65,000 | 55 WORCESTER STREET |
This house has a floor area of 66 sq meters or 711 sq feet when measured on 25 Jan 2012. Using an estimated price of £114,458 means this house is valued at £1,731 per sq meter (£160 per sq foot).
The average size of a house on WARWICK STREET is 83 sq meters (893 sq feet).