£88,768
This estimated value is based upon the latest sale price for the house of £15,454 on 4 Aug 1995. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £15,454 | 4 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 1995 the House Price Index for MIDDLESBROUGH was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £15,454 results in an estimated price of approximately £88,768.
| 4 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 474.405 % | £15,454 | £73,314 | £88,768 |
The Postcode Pricing Model uses changes in average sales price within the TS4 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 | 213.167 % | £32,942 | £48,396 |
| 3 Month Average | 251.295 % | £38,835 | £54,289 |
| 6 Month Average | 219.871 % | £33,978 | £49,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £87,500 | £87,500 | 59 WELLESLEY ROAD |
| 5 Apr 2024 | £70,613 | £70,000 | 1 CROMER STREET |
| 6 Oct 2023 | £82,882 | £81,000 | 5 BRINE STREET |
| 15 Jun 2023 | £45,920 | £45,000 | 1 WELLESLEY ROAD |
| 15 Jun 2023 | £93,371 | £91,500 | 56 WELLESLEY ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 28 Mar 2017. Using an estimated price of £88,769 means this house is valued at £682 per sq meter (£63 per sq foot).
The average size of a house on WELLESLEY ROAD is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Wellesley Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Wellesley Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Wellesley Road |
| Oct 2024 | Anti-social behaviour | On or near Wellesley Road | |
| Oct 2024 | Anti-social behaviour | On or near Wellesley Road |