£307,037
This estimated value is based upon the latest sale price for the house of £249,950 on 23 Jul 2019. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
There has been one burglary within the last year on or near Shetland Close
More crime details
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| Price Paid | Date |
|---|---|
| £249,950 | 23 Jul 2019 |
| £157,000 | 8 Oct 2002 |
| £76,250 | 30 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 July 2019 the House Price Index for MIDDLESBROUGH was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £249,950 results in an estimated price of approximately £307,037.
| 23 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £249,950 | £57,087 | £307,037 |
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 | 25.770 % | £64,412 | £314,362 |
| 3 Month Average | 0.131 % | £328 | £250,278 |
| 6 Month Average | 7.504 % | £18,755 | £268,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £130,678 | £129,000 | 11 CARMEL GARDENS |
| 25 Jul 2023 | £194,843 | £193,000 | 25 LOW LANE |
| 23 Jun 2023 | £170,381 | £169,000 | 36 CANTON GARDENS |
| 26 Aug 2022 | £158,926 | £160,000 | 29 CANTON GARDENS |
| 30 Jun 2022 | £186,894 | £185,000 | 26 THE GROVE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 29 Mar 2019. Using an estimated price of £307,037 means this house is valued at £2,496 per sq meter (£231 per sq foot).
The average size of a house on LOW LANE is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Shetland Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shetland Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shetland Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shetland Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Grove |