£156,013
This estimated value is based upon the latest sale price for the house of £101,500 on 9 Jun 2014. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £101,500 | 9 Jun 2014 |
| £72,000 | 19 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 June 2014 the House Price Index for MIDDLESBROUGH was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £101,500 results in an estimated price of approximately £156,013.
| 9 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £101,500 | £54,513 | £156,013 |
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 | -8.169 % | £-8,291 | £93,208 |
| 3 Month Average | 5.365 % | £5,445 | £106,945 |
| 6 Month Average | 10.835 % | £10,997 | £112,497 |
| 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 |
| 16 Aug 2023 | £139,722 | £138,500 | 31 DEVONSHIRE ROAD |
| 4 Jul 2023 | £96,651 | £95,350 | 14 GORMAN ROAD |
| 14 Apr 2023 | £103,110 | £102,000 | 16 GORMAN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 8 Feb 2014. Using an estimated price of £156,013 means this house is valued at £1,902 per sq meter (£176 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 | 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 Brompton Road |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Tavistock Road |
| Mar 2024 | Drugs | Under investigation | On or near Tavistock Road |