£246,952
This estimated value is based upon the latest sale price for the house of £60,000 on 19 Nov 1999. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£60,000 | 19 Nov 1999 |
£57,950 | 2 Aug 1995 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 1999 the House Price Index for MIDDLESBROUGH was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £60,000 results in an estimated price of approximately £246,952.
19 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.4 | 149.7 | 311.588 % | £60,000 | £186,952 | £246,952 |
The Postcode Pricing Model uses changes in average sales price within the TS3 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 | 176.008 % | £105,604 | £165,604 |
3 Month Average | 201.110 % | £120,665 | £180,665 |
6 Month Average | 175.150 % | £105,089 | £165,089 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jul 2024 | £120,000 | £120,000 | 5 NORFOLK CRESCENT |
15 Mar 2024 | £152,341 | £150,000 | 64 BALMORAL ROAD |
12 Mar 2024 | £121,872 | £120,000 | 48 NORFOLK CRESCENT |
13 Dec 2023 | £159,914 | £155,000 | 8 NORFOLK CRESCENT |
24 Nov 2023 | £174,428 | £170,000 | 49 CORONATION GREEN |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Oct 2016. Using an estimated price of £246,953 means this house is valued at £3,337 per sq meter (£310 per sq foot).
There is one other house on the street which we know the size of, this is 1 PENNYMAN COURT it is 70.0
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Road |