£183,000
This estimated value is based upon the latest sale price for the house of £118,000 on 7 Apr 2014. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £118,000 | 7 Apr 2014 |
| £121,000 | 20 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,170 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 2014 the House Price Index for MIDDLESBROUGH was 95.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 55.085%.Applying this 55.085% change to the original purchase price of £118,000 results in an estimated price of approximately £183,000.
| 7 Apr 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.0 | 55.085 % | £118,000 | £65,000 | £183,000 |
The Postcode Pricing Model uses changes in average sales price within the TS5 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 | -4.271 % | £-5,039 | £112,960 |
| 3 Month Average | 5.639 % | £6,653 | £124,653 |
| 6 Month Average | 10.564 % | £12,465 | £130,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £118,522 | £117,000 | 93 MADDREN WAY |
| 13 Nov 2023 | £75,975 | £75,000 | 99 MADDREN WAY |
| 31 Aug 2023 | £121,740 | £121,000 | 81 MADDREN WAY |
| 28 Mar 2023 | £45,245 | £45,000 | 55 MADDREN WAY |
| 12 Jan 2023 | £65,425 | £66,000 | 106 CLOUGH CLOSE |
This house has a floor area of 108 sq meters or 1,170 sq feet when measured on 22 Sep 2011. Using an estimated price of £183,001 means this house is valued at £1,683 per sq meter (£156 per sq foot).
The average size of a house on MADDREN WAY is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maddren Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Maddren Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maddren Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maddren Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maddren Way |