£292,623
This estimated value is based upon the latest sale price for the house of £285,000 on 13 May 2022. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £285,000 | 13 May 2022 |
| £285,000 | 13 May 2022 |
| £225,000 | 2 Jun 2014 |
| £165,000 | 14 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 May 2022 the House Price Index for MIDDLESBROUGH was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £285,000 results in an estimated price of approximately £292,623.
| 13 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £285,000 | £7,623 | £292,623 |
The Postcode Pricing Model uses changes in average sales price within the TS5 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 | 42.540 % | £121,240 | £406,240 |
| 3 Month Average | 7.447 % | £21,224 | £306,224 |
| 6 Month Average | 3.680 % | £10,487 | £295,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £132,360 | £129,000 | 11 CARMEL GARDENS |
| 23 Jun 2023 | £172,456 | £169,000 | 36 CANTON GARDENS |
| 26 Aug 2022 | £160,752 | £160,000 | 29 CANTON GARDENS |
| 30 Jun 2022 | £189,041 | £185,000 | 26 THE GROVE |
| 30 May 2022 | £261,821 | £255,000 | 60 LOW LANE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 1 Jun 2021. Using an estimated price of £292,623 means this house is valued at £2,322 per sq meter (£215 per sq foot).
The average size of a house on LOW LANE is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Carmel Gardens |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Grove |
| Jul 2024 | Anti-social behaviour | On or near The Grove | |
| Jul 2024 | Anti-social behaviour | On or near The Grove | |
| Jul 2024 | Anti-social behaviour | On or near The Grove |