£47,831
This estimated value is based upon the latest sale price for the house of £39,000 on 26 Nov 2019. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £39,000 | 26 Nov 2019 |
| £50,000 | 8 Aug 2013 |
| £27,500 | 1 Feb 2013 |
| £45,000 | 17 Nov 2006 |
| £74,000 | 10 Apr 2006 |
| £14,000 | 9 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for MIDDLESBROUGH was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £39,000 results in an estimated price of approximately £47,831.
| 26 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £39,000 | £8,831 | £47,831 |
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 | -8.570 % | £-3,342 | £35,657 |
| 3 Month Average | 12.289 % | £4,792 | £43,792 |
| 6 Month Average | 20.082 % | £7,832 | £46,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £61,068 | £60,000 | 20 PERCY STREET |
| 17 Nov 2023 | £62,932 | £62,000 | 21 PELHAM STREET |
| 27 Jul 2023 | £70,448 | £69,500 | 20 PELHAM STREET |
| 10 Jul 2023 | £64,873 | £64,000 | 35 GARNET STREET |
| 23 Mar 2023 | £63,599 | £63,000 | 4 PORTMAN STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 29 Jan 2013. Using an estimated price of £47,831 means this house is valued at £839 per sq meter (£77 per sq foot).
The average size of a house on PORTMAN STREET is 67 sq meters (728 sq feet).