£64,340
This estimated value is based upon the latest sale price for the house of £50,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £50,000 | 26 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 May 2017 the House Price Index for MIDDLESBROUGH was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £50,000 results in an estimated price of approximately £64,340.
| 26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £50,000 | £14,340 | £64,340 |
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 | 18.060 % | £9,029 | £59,029 |
| 3 Month Average | 8.397 % | £4,198 | £54,198 |
| 6 Month Average | 7.274 % | £3,637 | £53,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £152,500 | £152,500 | 11 RIEVAULX DRIVE |
| 5 Dec 2023 | £157,760 | £155,000 | 6 SPEETON AVENUE |
| 28 Jul 2023 | £322,338 | £318,000 | 6 HELMSLEY CLOSE |
| 26 Jul 2023 | £86,160 | £85,000 | 5 CARNABY WALK |
| 13 Jul 2023 | £107,664 | £106,215 | 15 HACKNESS WALK |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 16 May 2017. Using an estimated price of £64,340 means this house is valued at £691 per sq meter (£64 per sq foot).
There is one other house on the street which we know the size of, this is 1 NEWBY CLOSE it is 101.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Newby Close | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rievaulx Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rievaulx Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rievaulx Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rievaulx Drive |