£85,070
This estimated value is based upon the latest sale price for the house of £46,000 on 5 May 2005. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £46,000 | 5 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 May 2005 the House Price Index for MIDDLESBROUGH was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £46,000 results in an estimated price of approximately £85,070.
| 5 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £46,000 | £39,070 | £85,070 |
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 | 129.528 % | £59,583 | £105,583 |
| 3 Month Average | 57.363 % | £26,386 | £72,386 |
| 6 Month Average | 43.110 % | £19,830 | £65,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £50,890 | £50,000 | 4 WORCESTER STREET |
| 21 Jul 2023 | £79,064 | £78,000 | 20 WORCESTER STREET |
| 29 Jun 2023 | £66,809 | £66,000 | 13 WARWICK STREET |
| 9 Jun 2023 | £51,625 | £51,000 | 24 WORCESTER STREET |
| 2 Jun 2023 | £79,463 | £78,500 | 28 WORCESTER STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 Nov 2013. Using an estimated price of £85,070 means this house is valued at £1,232 per sq meter (£114 per sq foot).
The average size of a house on WARWICK STREET is 83 sq meters (893 sq feet).