£48,057
This estimated value is based upon the latest sale price for the house of £39,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £39,000 | 15 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2020 the House Price Index for MIDDLESBROUGH was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £39,000 results in an estimated price of approximately £48,057.
| 15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £39,000 | £9,057 | £48,057 |
The Postcode Pricing Model uses changes in average sales price within the TS1 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 | -58.386 % | £-22,770 | £16,229 |
| 3 Month Average | 20.865 % | £8,137 | £47,137 |
| 6 Month Average | 26.642 % | £10,390 | £49,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £85,000 | £85,000 | 8 NUGENT AVENUE |
| 26 Apr 2024 | £54,473 | £54,000 | 6 WEMBLEY STREET |
| 23 Apr 2024 | £40,350 | £40,000 | 40 LAYCOCK STREET |
| 12 Apr 2024 | £47,412 | £47,000 | 66 ORWELL STREET |
| 14 Dec 2023 | £63,966 | £62,000 | 3 WEMBLEY STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Nov 2014. Using an estimated price of £48,057 means this house is valued at £658 per sq meter (£61 per sq foot).
The average size of a house on LEVEN STREET is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Nugent Avenue |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nugent Avenue |
| Oct 2024 | Drugs | Under investigation | On or near Nugent Avenue |
| Oct 2024 | Public order | Under investigation | On or near Nugent Avenue |
| Oct 2024 | Drugs | Under investigation | On or near Nugent Avenue |