£242,290
This estimated value is based upon the latest sale price for the house of £160,000 on 5 Aug 2014. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £160,000 | 5 Aug 2014 |
| £92,663 | 8 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2014 the House Price Index for MIDDLESBROUGH was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £160,000 results in an estimated price of approximately £242,290.
| 5 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £160,000 | £82,290 | £242,290 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 49.550 % | £79,280 | £239,280 |
| 3 Month Average | 26.968 % | £43,148 | £203,148 |
| 6 Month Average | 12.699 % | £20,318 | £180,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £130,000 | £130,000 | 58 RIEVAULX WAY |
| 24 Nov 2023 | £201,990 | £199,000 | 74 RIEVAULX WAY |
| 22 Nov 2023 | £179,660 | £177,000 | 7 MELROSE CRESCENT |
| 11 Sep 2023 | £162,072 | £160,000 | 6 MELROSE CRESCENT |
| 1 Sep 2023 | £167,137 | £165,000 | 4 BYLAND CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 18 Sep 2013. Using an estimated price of £242,291 means this house is valued at £2,662 per sq meter (£247 per sq foot).
The average size of a house on RIEVAULX WAY is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rievaulx Way |
| Feb 2024 | Anti-social behaviour | On or near Rievaulx Way | |
| Feb 2024 | Anti-social behaviour | On or near Rievaulx Way | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Handale Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whaddon Chase |