£110,586
This estimated value is based upon the latest sale price for the house of £90,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £90,000 | 24 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2020 the House Price Index for MIDDLESBROUGH was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £90,000 results in an estimated price of approximately £110,586.
| 24 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £90,000 | £20,586 | £110,586 |
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 | 11.122 % | £10,009 | £100,009 |
| 3 Month Average | 9.064 % | £8,157 | £98,157 |
| 6 Month Average | 3.725 % | £3,352 | £93,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £108,000 | £108,000 | 2 DORSET CLOSE |
| 29 May 2024 | £140,000 | £140,000 | 47 DEVONSHIRE ROAD |
| 6 Dec 2023 | £131,542 | £127,500 | 10 LEWIS ROAD |
| 1 Dec 2023 | £139,280 | £135,000 | 83 TAVISTOCK ROAD |
| 25 Oct 2023 | £111,533 | £109,000 | 3 LEWIS ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 28 Aug 2018. Using an estimated price of £110,587 means this house is valued at £1,332 per sq meter (£123 per sq foot).
The average size of a house on CHIPCHASE ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Tavistock Road | |
| Jun 2024 | Anti-social behaviour | On or near Tavistock Road | |
| May 2024 | Anti-social behaviour | On or near Tavistock Road | |
| May 2024 | Anti-social behaviour | On or near Tavistock Road | |
| May 2024 | Anti-social behaviour | On or near Tavistock Road |