£54,227
This estimated value is based upon the latest sale price for the house of £32,000 on 26 Aug 2010. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£32,000 | 26 Aug 2010 |
£20,000 | 28 Nov 2003 |
£15,000 | 11 Oct 2001 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 621 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 August 2010 the House Price Index for MIDDLESBROUGH was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £32,000 results in an estimated price of approximately £54,227.
26 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.461 % | £32,000 | £22,227 | £54,227 |
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 | 86.079 % | £27,545 | £59,545 |
3 Month Average | 38.888 % | £12,444 | £44,444 |
6 Month Average | 23.065 % | £7,380 | £39,380 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2023 | £64,873 | £64,000 | 35 GARNET STREET |
15 Apr 2020 | £171,861 | £140,000 | 14 BOROUGH ROAD |
7 Mar 2019 | £469,447 | £380,000 | 35 BOROUGH ROAD |
12 Dec 2018 | £302,227 | £245,000 | 33 BOROUGH ROAD |
20 Jul 2018 | £55,766 | £45,000 | 8 RUBY STREET |
This house has a floor area of 57 sq meters or 621 sq feet when measured on 28 Sep 2009. Using an estimated price of £54,228 means this house is valued at £939 per sq meter (£87 per sq foot).
The average size of a house on EMERALD STREET is 69 sq meters (750 sq feet).