£108,124
This estimated value is based upon the latest sale price for the house of £60,000 on 22 Dec 2005. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £60,000 | 22 Dec 2005 |
| £35,000 | 22 Oct 2004 |
| £30,000 | 17 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 December 2005 the House Price Index for MIDDLESBROUGH was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £60,000 results in an estimated price of approximately £108,124.
| 22 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £60,000 | £48,124 | £108,124 |
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 | 28.458 % | £17,075 | £77,075 |
| 3 Month Average | 24.716 % | £14,829 | £74,829 |
| 6 Month Average | 27.247 % | £16,348 | £76,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £108,000 | £108,000 | 51 PERCY STREET |
| 8 Nov 2023 | £78,157 | £77,000 | 61 PERCY STREET |
| 28 Jul 2023 | £70,955 | £70,000 | 13 ALBANY STREET |
| 25 Jul 2023 | £39,025 | £38,500 | 12 ALBANY STREET |
| 31 Mar 2023 | £69,151 | £68,500 | 55 ALBANY STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 13 Aug 2020. Using an estimated price of £108,124 means this house is valued at £1,501 per sq meter (£139 per sq foot).
The average size of a house on PERCY STREET is 70 sq meters (761 sq feet).