£116,231
This estimated value is based upon the latest sale price for the house of £95,000 on 24 Feb 2020. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £95,000 | 24 Feb 2020 |
| £104,950 | 28 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2020 the House Price Index for MIDDLESBROUGH was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £95,000 results in an estimated price of approximately £116,231.
| 24 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £95,000 | £21,231 | £116,231 |
The Postcode Pricing Model uses changes in average sales price within the TS5 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 | -3.253 % | £-3,090 | £91,909 |
| 3 Month Average | -2.253 % | £-2,139 | £92,860 |
| 6 Month Average | 4.968 % | £4,719 | £99,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £111,425 | £110,000 | 15 DEVONSHIRE ROAD |
| 12 Sep 2023 | £133,710 | £132,000 | 5 DEVONSHIRE ROAD |
| 14 Apr 2023 | £103,110 | £102,000 | 16 GORMAN ROAD |
| 25 May 2022 | £148,804 | £146,000 | 40 DEVONSHIRE ROAD |
| 20 Dec 2021 | £257,131 | £240,000 | 7 CHIPCHASE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 Aug 2015. Using an estimated price of £116,232 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on CHIPCHASE ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brompton Road |
| Mar 2024 | Anti-social behaviour | On or near Chipchase Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chipchase Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westmorland Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmorland Road |