£49,784
This estimated value is based upon the latest sale price for the house of £39,999 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£39,999 | 28 Jun 2019 |
£40,000 | 30 Jun 2005 |
£30,000 | 25 Sep 1995 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 June 2019 the House Price Index for MIDDLESBROUGH was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £39,999 results in an estimated price of approximately £49,784.
28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £39,999 | £9,785 | £49,784 |
The Postcode Pricing Model uses changes in average sales price within the TS1 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 | 54.779 % | £21,911 | £61,910 |
3 Month Average | 4.171 % | £1,668 | £41,667 |
6 Month Average | 27.480 % | £10,991 | £50,990 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £61,563 | £60,000 | 38 TENNYSON STREET |
15 Jun 2023 | £51,022 | £50,000 | 101 PORTMAN STREET |
9 Jun 2023 | £51,022 | £50,000 | 41 TENNYSON STREET |
6 Jan 2023 | £30,080 | £30,000 | 113 PORTMAN STREET |
1 Aug 2022 | £65,305 | £65,000 | 32 TENNYSON STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 2 Feb 2019. Using an estimated price of £49,784 means this house is valued at £743 per sq meter (£69 per sq foot).
The average size of a house on TENNYSON STREET is 73 sq meters (786 sq feet).