£276,250
This estimated value is based upon the latest sale price for the house of £163,500 on 15 Apr 2013. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £163,500 | 15 Apr 2013 |
| £87,000 | 20 Jan 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 April 2013 the House Price Index for MIDDLESBROUGH was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £163,500 results in an estimated price of approximately £276,250.
| 15 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £163,500 | £112,750 | £276,250 |
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 | -8.765 % | £-14,331 | £149,168 |
| 3 Month Average | 8.477 % | £13,859 | £177,359 |
| 6 Month Average | 14.029 % | £22,938 | £186,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £121,872 | £120,000 | 48 NORFOLK CRESCENT |
| 27 Oct 2023 | £108,463 | £106,000 | 63 NORFOLK CRESCENT |
| 8 Sep 2023 | £143,156 | £140,000 | 28 NORFOLK CRESCENT |
| 11 Aug 2023 | £132,388 | £130,000 | 10 SELSET AVENUE |
| 29 Mar 2023 | £96,613 | £95,000 | 128 PENISTONE ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 12 Apr 2012. Using an estimated price of £276,250 means this house is valued at £2,488 per sq meter (£231 per sq foot).
The average size of a house on PRIESTFIELD AVENUE is 134 sq meters (1,447 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priestfield Avenue |