£141,820
This estimated value is based upon the latest sale price for the house of £140,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£140,000 | 3 Nov 2023 |
£119,000 | 4 Jan 2019 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 November 2023 the House Price Index for MIDDLESBROUGH was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £140,000 results in an estimated price of approximately £141,820.
3 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.0 | 1.300 % | £140,000 | £1,820 | £141,820 |
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 | -22.130 % | £-30,981 | £109,018 |
3 Month Average | -11.397 % | £-15,956 | £124,043 |
6 Month Average | -4.823 % | £-6,752 | £133,247 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £164,107 | £162,000 | 40 MERRINGTON AVENUE |
3 Nov 2023 | £141,821 | £140,000 | 161 TRIMDON AVENUE |
27 Jun 2023 | £146,185 | £145,000 | 164 TRIMDON AVENUE |
12 Aug 2022 | £142,040 | £143,000 | 204 TRIMDON AVENUE |
30 Jun 2022 | £144,464 | £143,000 | 178 TRIMDON AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 25 Aug 2017. Using an estimated price of £141,821 means this house is valued at £2,055 per sq meter (£190 per sq foot).
The average size of a house on TRIMDON AVENUE is 80 sq meters (868 sq feet).