£85,407
This estimated value is based upon the latest sale price for the house of £60,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £60,000 | 28 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2015 the House Price Index for MIDDLESBROUGH was 104.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 42.346%.Applying this 42.346% change to the original purchase price of £60,000 results in an estimated price of approximately £85,407.
| 28 Aug 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.0 | 42.346 % | £60,000 | £25,407 | £85,407 |
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 | -8.147 % | £-4,888 | £55,111 |
| 3 Month Average | -12.396 % | £-7,437 | £52,562 |
| 6 Month Average | -3.921 % | £-2,352 | £57,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £70,910 | £70,000 | 37 PALLISTER AVENUE |
| 28 Nov 2023 | £93,196 | £92,000 | 79 PALLISTER AVENUE |
| 11 Aug 2023 | £85,520 | £85,000 | 71 PALLISTER AVENUE |
| 7 Jun 2023 | £65,531 | £65,000 | 6 MERLIN ROAD |
| 28 Mar 2023 | £105,571 | £105,000 | 38 FALCON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 May 2015. Using an estimated price of £85,407 means this house is valued at £1,138 per sq meter (£105 per sq foot).
The average size of a house on FALCON ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Falcon Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Road |
| Apr 2024 | Burglary | Under investigation | On or near Merlin Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Merlin Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A1085 |