£125,771
This estimated value is based upon the latest sale price for the house of £28,000 on 19 Apr 1999. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £28,000 | 19 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 1999 the House Price Index for MIDDLESBROUGH was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £28,000 results in an estimated price of approximately £125,771.
| 19 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £28,000 | £97,771 | £125,771 |
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 | 238.898 % | £66,891 | £94,891 |
| 3 Month Average | 237.731 % | £66,564 | £94,564 |
| 6 Month Average | 192.945 % | £54,024 | £82,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £88,000 | £88,000 | 9 CROWLAND AVENUE |
| 19 Apr 2024 | £80,701 | £80,000 | 7 SHREWSBURY ROAD |
| 20 Mar 2024 | £77,186 | £76,000 | 2 ALVINGHAM TERRACE |
| 15 Dec 2023 | £89,242 | £86,500 | 5 KENMORE ROAD |
| 15 Dec 2023 | £94,917 | £92,000 | 8 ELKINGTON WALK |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Sep 2014. Using an estimated price of £125,772 means this house is valued at £1,497 per sq meter (£139 per sq foot).
The average size of a house on BURWELL ROAD is 84 sq meters (906 sq feet).