£131,816
This estimated value is based upon the latest sale price for the house of £104,000 on 22 Sep 2017. 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 Benson Street
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| Price Paid | Date |
|---|---|
| £104,000 | 22 Sep 2017 |
| £47,000 | 28 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 September 2017 the House Price Index for MIDDLESBROUGH was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £104,000 results in an estimated price of approximately £131,816.
| 22 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £104,000 | £27,816 | £131,816 |
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 | -11.116 % | £-11,560 | £92,439 |
| 3 Month Average | 4.905 % | £5,100 | £109,100 |
| 6 Month Average | 11.947 % | £12,424 | £116,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £73,791 | £72,500 | 35 BENSON STREET |
| 25 Sep 2023 | £111,425 | £110,000 | 15 DEVONSHIRE ROAD |
| 12 Sep 2023 | £133,710 | £132,000 | 5 DEVONSHIRE ROAD |
| 5 Jul 2023 | £82,105 | £81,000 | 26 BENSON STREET |
| 31 Mar 2023 | £50,476 | £50,000 | 21 BENSON STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Apr 2017. Using an estimated price of £131,816 means this house is valued at £1,588 per sq meter (£147 per sq foot).
The average size of a house on CHIPCHASE ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Benson Street |