£247,914
This estimated value is based upon the latest sale price for the house of £157,500 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
There has been one burglary within the last year on or near Lexden Avenue
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| Price Paid | Date |
|---|---|
| £157,500 | 14 Mar 2014 |
| £98,000 | 4 Aug 2003 |
| £43,000 | 26 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,204 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 March 2014 the House Price Index for MIDDLESBROUGH was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £157,500 results in an estimated price of approximately £247,914.
| 14 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £157,500 | £90,414 | £247,914 |
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 | 7.555 % | £11,898 | £169,398 |
| 3 Month Average | 3.440 % | £5,418 | £162,918 |
| 6 Month Average | 12.740 % | £20,064 | £177,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £147,582 | £145,000 | 36 LEXDEN AVENUE |
| 30 Aug 2023 | £179,571 | £178,000 | 75 CHALFORD OAKS |
| 24 Aug 2023 | £201,715 | £199,950 | 27 STONELEIGH AVENUE |
| 21 Jul 2023 | £210,331 | £207,500 | 61 CHALFORD OAKS |
| 27 Apr 2023 | £242,612 | £240,000 | 6 LEXDEN AVENUE |
This house has a floor area of 111 sq meters or 1,204 sq feet when measured on 18 Jan 2011. Using an estimated price of £247,915 means this house is valued at £2,215 per sq meter (£205 per sq foot).
The average size of a house on LEXDEN AVENUE is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Lexden Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lexden Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lexden Avenue |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Lexden Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Levick Crescent |