£123,871
This estimated value is based upon the latest sale price for the house of £115,000 on 8 Nov 2021. 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 Wellesley Road
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| Price Paid | Date |
|---|---|
| £115,000 | 8 Nov 2021 |
| £121,950 | 20 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 November 2021 the House Price Index for MIDDLESBROUGH was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £115,000 results in an estimated price of approximately £123,871.
| 8 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £115,000 | £8,871 | £123,871 |
The Postcode Pricing Model uses changes in average sales price within the TS4 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 | -33.899 % | £-38,984 | £76,015 |
| 3 Month Average | -17.367 % | £-19,972 | £95,027 |
| 6 Month Average | -14.532 % | £-16,711 | £98,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £60,367 | £60,000 | J ACKROYD & SON DOUGLAS STREET |
| 28 Jun 2023 | £163,324 | £162,000 | CITY HOUSE, 208 MARTON ROAD |
| 15 Jun 2023 | £45,368 | £45,000 | 3 WELLESLEY ROAD |
| 15 Jun 2023 | £92,248 | £91,500 | 56 WELLESLEY ROAD |
| 15 Jun 2023 | £45,368 | £45,000 | 1 WELLESLEY ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 6 Feb 2014. Using an estimated price of £123,872 means this house is valued at £1,997 per sq meter (£185 per sq foot).
The average size of a house on BLENHEIM ROAD SOUTH is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Wellesley Road | |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Wellesley Road |
| Mar 2024 | Anti-social behaviour | On or near Wellesley Road | |
| Mar 2024 | Anti-social behaviour | On or near Wellesley Road | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wellesley Road |