£245,274
This estimated value is based upon the latest sale price for the house of £81,500 on 25 Apr 2002. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£81,500 | 25 Apr 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 2002 the House Price Index for MIDDLESBROUGH was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £81,500 results in an estimated price of approximately £245,274.
25 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 149.7 | 200.950 % | £81,500 | £163,774 | £245,274 |
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 | 150.628 % | £122,761 | £204,261 |
3 Month Average | 152.353 % | £124,167 | £205,667 |
6 Month Average | 147.712 % | £120,385 | £201,885 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jun 2024 | £315,000 | £315,000 | 36A HARROW ROAD |
22 Sep 2023 | £221,891 | £217,000 | 16 KINGSTON AVENUE |
25 Aug 2023 | £544,828 | £535,001 | ST. MARY'S CHURCH HALL GREEN LANE |
20 Jan 2023 | £85,228 | £85,000 | 16 BAYBERRY MEWS |
8 Jul 2022 | £84,850 | £84,000 | 6 MILL HILL ST MARYS WALK |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 14 Jun 2015. Using an estimated price of £245,274 means this house is valued at £4,303 per sq meter (£399 per sq foot).
The average size of a house on BAYBERRY MEWS is 59 sq meters (641 sq feet).