£36,567
This estimated value is based upon the latest sale price for the house of £28,000 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£28,000 | 21 Dec 2016 |
£40,000 | 30 Jul 2004 |
£35,000 | 14 May 2004 |
£19,500 | 17 Nov 1998 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 December 2016 the House Price Index for MIDDLESBROUGH was 113.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £28,000 results in an estimated price of approximately £36,567.
21 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.0 | 30.597 % | £28,000 | £8,567 | £36,567 |
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 | 26.501 % | £7,420 | £35,420 |
3 Month Average | 8.738 % | £2,446 | £30,446 |
6 Month Average | 18.941 % | £5,303 | £33,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jun 2023 | £55,450 | £55,000 | 29 MARIA STREET |
20 Apr 2023 | £77,576 | £76,999 | 10 MARIA STREET |
11 Apr 2023 | £59,442 | £59,000 | 5 SADBERGE STREET |
20 Feb 2023 | £38,816 | £39,000 | 9 MARIA STREET |
23 Jan 2023 | £50,556 | £51,000 | 11 DEACON STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 15 Jul 2021. Using an estimated price of £36,567 means this house is valued at £430 per sq meter (£39 per sq foot).
The average size of a house on BEAUMONT ROAD is 83 sq meters (894 sq feet).