£189,255
This estimated value is based upon the latest sale price for the house of £120,000 on 21 Feb 2014. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £120,000 | 21 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2014 the House Price Index for MIDDLESBROUGH was 93.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 57.713%.Applying this 57.713% change to the original purchase price of £120,000 results in an estimated price of approximately £189,255.
| 21 Feb 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.0 | 57.713 % | £120,000 | £69,255 | £189,255 |
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 | 7.375 % | £8,849 | £128,849 |
| 3 Month Average | 6.466 % | £7,759 | £127,759 |
| 6 Month Average | 12.054 % | £14,464 | £134,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £127,410 | £125,000 | 8 SOUTHWELL SQUARE |
| 15 Jun 2022 | £116,177 | £115,000 | 38 ROCHESTER ROAD |
| 8 Mar 2022 | £229,121 | £222,000 | 11 EASTBOURNE ROAD |
| 29 Oct 2021 | £82,651 | £75,000 | 5 SOUTHWELL SQUARE |
| 22 Oct 2021 | £115,711 | £105,000 | 21 ROCHESTER ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Feb 2013. Using an estimated price of £189,256 means this house is valued at £2,150 per sq meter (£199 per sq foot).
The average size of a house on MULGRAVE ROAD is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Eastbourne Road | |
| Mar 2024 | Anti-social behaviour | On or near Eastbourne Road | |
| Mar 2024 | Anti-social behaviour | On or near Eastbourne Road | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Eastbourne Road |
| Mar 2024 | Drugs | Under investigation | On or near Eastbourne Road |