£163,233
This estimated value is based upon the latest sale price for the house of £131,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £131,000 | 31 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 840 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 August 2018 the House Price Index for MIDDLESBROUGH was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £131,000 results in an estimated price of approximately £163,233.
| 31 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £131,000 | £32,233 | £163,233 |
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 | 7.246 % | £9,492 | £140,492 |
| 3 Month Average | 2.653 % | £3,474 | £134,474 |
| 6 Month Average | 3.849 % | £5,042 | £136,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £170,000 | £170,000 | 30 DRAYCOTT AVENUE |
| 20 Oct 2023 | £209,764 | £205,000 | 57 BELMONT AVENUE |
| 3 Aug 2023 | £211,311 | £207,500 | 3 HOLBECK AVENUE |
| 21 Mar 2023 | £134,242 | £132,000 | 4 DRAYCOTT AVENUE |
| 11 Nov 2022 | £368,278 | £370,000 | 81 LOW LANE |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 25 Jul 2011. Using an estimated price of £163,234 means this house is valued at £2,091 per sq meter (£194 per sq foot).
The average size of a house on BELMONT AVENUE is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Belmont Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Grove |
| Jul 2024 | Anti-social behaviour | On or near The Grove | |
| Jul 2024 | Anti-social behaviour | On or near The Grove | |
| Jul 2024 | Anti-social behaviour | On or near The Grove |