£59,461
This estimated value is based upon the latest sale price for the house of £56,500 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£56,500 | 14 Jan 2022 |
£55,000 | 13 Jun 2013 |
£70,000 | 19 Jan 2007 |
£50,000 | 24 Feb 2006 |
£18,000 | 26 Mar 2001 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 2022 the House Price Index for MIDDLESBROUGH was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £56,500 results in an estimated price of approximately £59,461.
14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £56,500 | £2,961 | £59,461 |
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 | 196.156 % | £110,828 | £167,328 |
3 Month Average | 28.849 % | £16,299 | £72,799 |
6 Month Average | 16.553 % | £9,352 | £65,852 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £68,007 | £67,000 | 10 LEINSTER ROAD |
22 Sep 2023 | £62,803 | £62,000 | 66 KILDARE STREET |
28 Jul 2023 | £65,887 | £65,000 | 80 WICKLOW STREET |
23 Jun 2023 | £60,736 | £60,000 | 92 KILDARE STREET |
11 Aug 2022 | £87,764 | £88,000 | 78 LONGFORD STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 7 Mar 2013. Using an estimated price of £59,461 means this house is valued at £861 per sq meter (£80 per sq foot).
The average size of a house on WICKLOW STREET is 75 sq meters (817 sq feet).