£122,399
This estimated value is based upon the latest sale price for the house of £42,000 on 31 May 2002. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £42,000 | 31 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2002 the House Price Index for MIDDLESBROUGH was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £42,000 results in an estimated price of approximately £122,399.
| 31 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £42,000 | £80,399 | £122,399 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | 137.744 % | £57,852 | £99,852 |
| 3 Month Average | 154.129 % | £64,734 | £106,734 |
| 6 Month Average | 191.646 % | £80,491 | £122,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £111,653 | £110,000 | 24 BELMONT AVENUE |
| 3 Aug 2023 | £151,324 | £150,000 | 32 BELMONT AVENUE |
| 5 Apr 2023 | £111,197 | £110,000 | 29 BELMONT AVENUE |
| 3 Mar 2023 | £105,999 | £105,000 | 265A NORMANBY ROAD |
| 16 Jan 2023 | £129,390 | £130,000 | 30 BELMONT AVENUE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 18 Dec 2014. Using an estimated price of £122,400 means this house is valued at £1,073 per sq meter (£99 per sq foot).
The average size of a house on NORMANBY ROAD is 119 sq meters (1,288 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |