£55,757
This estimated value is based upon the latest sale price for the house of £25,000 on 20 Oct 2003. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £25,000 | 20 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2003 the House Price Index for MIDDLESBROUGH was 66.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 123.029%.Applying this 123.029% change to the original purchase price of £25,000 results in an estimated price of approximately £55,757.
| 20 Oct 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.0 | 123.029 % | £25,000 | £30,757 | £55,757 |
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 | 51.419 % | £12,854 | £37,854 |
| 3 Month Average | 59.027 % | £14,756 | £39,756 |
| 6 Month Average | 84.166 % | £21,041 | £46,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £175,417 | £173,995 | 8 HINTON AVENUE |
| 23 Feb 2023 | £131,379 | £132,000 | 30 SPRINGFIELD ROAD |
| 10 Feb 2023 | £109,482 | £110,000 | 28 CLAYDON AVENUE |
| 14 Apr 2022 | £130,256 | £127,000 | 5 CLAYDON AVENUE |
| 17 Dec 2021 | £103,504 | £97,000 | 39 KINGSBRIDGE CRESCENT |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 16 Jan 2019. Using an estimated price of £55,757 means this house is valued at £857 per sq meter (£79 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Springfield Road |
| Feb 2024 | Anti-social behaviour | On or near Springfield Road | |
| Feb 2024 | Anti-social behaviour | On or near Springfield Road | |
| Feb 2024 | Anti-social behaviour | On or near Springfield Road |