£96,433
This estimated value is based upon the latest sale price for the house of £95,000 on 31 May 2022. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £95,000 | 31 May 2022 |
| £77,000 | 31 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £95,000 results in an estimated price of approximately £96,433.
| 31 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £95,000 | £1,433 | £96,433 |
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 | 28.956 % | £27,508 | £122,508 |
| 3 Month Average | 3.250 % | £3,087 | £98,087 |
| 6 Month Average | 4.798 % | £4,558 | £99,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £100,612 | £100,000 | 2 ALTON ROAD |
| 28 Jul 2023 | £100,904 | £99,950 | 16 NORTHERN ROAD |
| 14 Jul 2023 | £87,326 | £86,500 | 24 MALDON ROAD |
| 29 Jun 2023 | £70,572 | £70,000 | 30 NORTHERN ROAD |
| 21 Apr 2023 | £64,479 | £64,000 | 8 NORTHERN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 7 Dec 2021. Using an estimated price of £96,433 means this house is valued at £1,176 per sq meter (£109 per sq foot).
The average size of a house on NORTHERN ROAD is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Northern Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northern Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northern Road |
| Feb 2024 | Drugs | Under investigation | On or near Northern Road |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Northern Road |