£79,604
This estimated value is based upon the latest sale price for the house of £52,500 on 8 Sep 2014. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£52,500 | 8 Sep 2014 |
£45,000 | 27 May 2005 |
£20,000 | 31 Aug 2001 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 September 2014 the House Price Index for MIDDLESBROUGH was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £52,500 results in an estimated price of approximately £79,604.
8 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £52,500 | £27,104 | £79,604 |
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 | 65.251 % | £34,256 | £86,756 |
3 Month Average | 49.887 % | £26,190 | £78,690 |
6 Month Average | 49.108 % | £25,781 | £78,281 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £60,936 | £60,000 | 39 ASKE ROAD |
19 Oct 2023 | £61,906 | £60,500 | 17 BOW STREET |
20 Jun 2023 | £71,431 | £70,000 | 16 ASKE ROAD |
1 Mar 2023 | £66,104 | £65,000 | 19 ASKE ROAD |
12 Sep 2022 | £291,779 | £291,974 | 47 PRINCES ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 17 Nov 2014. Using an estimated price of £79,605 means this house is valued at £1,263 per sq meter (£117 per sq foot).
The average size of a house on BOW STREET is 75 sq meters (809 sq feet).