£37,043
This estimated value is based upon the latest sale price for the house of £34,000 on 15 Nov 2021. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £34,000 | 15 Nov 2021 |
| £23,000 | 25 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 November 2021 the House Price Index for MIDDLESBROUGH was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £34,000 results in an estimated price of approximately £37,043.
| 15 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £34,000 | £3,043 | £37,043 |
The Postcode Pricing Model uses changes in average sales price within the TS3 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 | -42.000 % | £-14,280 | £19,719 |
| 3 Month Average | -8.370 % | £-2,845 | £31,154 |
| 6 Month Average | 3.182 % | £1,081 | £35,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £62,630 | £61,500 | 48 ALPHONSUS STREET |
| 21 Jun 2023 | £36,736 | £36,000 | 27 ALPHONSUS STREET |
| 15 Mar 2023 | £45,764 | £45,000 | 15 BENEDICT STREET |
| 23 Jan 2023 | £60,662 | £60,500 | 4 BENEDICT STREET |
| 2 Sep 2022 | £110,426 | £110,500 | 49 WEST TERRACE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 12 Oct 2021. Using an estimated price of £37,044 means this house is valued at £686 per sq meter (£63 per sq foot).
The average size of a house on MAGDALEN STREET is 82 sq meters (887 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Magdalen Street |
| May 2024 | Robbery | Unable to prosecute suspect | On or near Magdalen Street |
| May 2024 | Anti-social behaviour | On or near Magdalen Street | |
| May 2024 | Anti-social behaviour | On or near Magdalen Street | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Magdalen Street |