£43,031
This estimated value is based upon the latest sale price for the house of £41,200 on 24 Feb 2022. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £41,200 | 24 Feb 2022 |
| £32,500 | 20 Nov 2020 |
| £62,000 | 16 Jul 2007 |
| £58,000 | 14 Nov 2006 |
| £55,000 | 17 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 February 2022 the House Price Index for MIDDLESBROUGH was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £41,200 results in an estimated price of approximately £43,031.
| 24 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £41,200 | £1,831 | £43,031 |
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 | -18.694 % | £-7,702 | £33,497 |
| 3 Month Average | -12.958 % | £-5,338 | £35,861 |
| 6 Month Average | -7.945 % | £-3,273 | £37,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £29,559 | £29,000 | 25 DOROTHY STREET |
| 24 Aug 2023 | £84,513 | £83,999 | 7 COLTMAN STREET |
| 13 Jul 2023 | £45,935 | £45,500 | 4 COLTMAN STREET |
| 10 Jul 2023 | £39,877 | £39,500 | 22 JUBILEE STREET |
| 18 Jun 2023 | £38,311 | £38,000 | 24 JUBILEE STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 28 Feb 2017. Using an estimated price of £43,032 means this house is valued at £551 per sq meter (£51 per sq foot).
The average size of a house on COLTMAN STREET is 72 sq meters (775 sq feet).