£381,898
This estimated value is based upon the latest sale price for the house of £217,000 on 20 Oct 2009. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £217,000 | 20 Oct 2009 |
| £75,000 | 26 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 October 2009 the House Price Index for MIDDLESBROUGH was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £217,000 results in an estimated price of approximately £381,898.
| 20 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £217,000 | £164,898 | £381,898 |
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 | 9.681 % | £21,007 | £238,007 |
| 3 Month Average | 6.660 % | £14,452 | £231,452 |
| 6 Month Average | 16.924 % | £36,724 | £253,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £235,000 | £235,000 | 9 WYCHERLEY AVENUE |
| 4 Aug 2023 | £151,324 | £150,000 | 6 MARION AVENUE |
| 28 Jun 2023 | £298,617 | £295,000 | 56 CAMBRIDGE ROAD |
| 14 Jan 2022 | £206,272 | £196,000 | 108 CAMBRIDGE ROAD |
| 28 Jul 2021 | £206,868 | £180,000 | 15 WYCHERLEY AVENUE |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 13 Oct 2008. Using an estimated price of £381,899 means this house is valued at £2,357 per sq meter (£218 per sq foot).
The average size of a house on REETH ROAD is 142 sq meters (1,531 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Cranage Close | |
| Jan 2024 | Anti-social behaviour | On or near Cranage Close | |
| Jan 2024 | Anti-social behaviour | On or near Cranage Close | |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Cranage Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wimbledon Road |