£320,715
This estimated value is based upon the latest sale price for the house of £145,000 on 28 Nov 2003. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £145,000 | 28 Nov 2003 |
| £47,500 | 16 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2003 the House Price Index for MIDDLESBROUGH was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £145,000 results in an estimated price of approximately £320,715.
| 28 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £145,000 | £175,715 | £320,715 |
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 | 80.884 % | £117,282 | £262,282 |
| 3 Month Average | 57.912 % | £83,973 | £228,973 |
| 6 Month Average | 93.946 % | £136,221 | £281,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £203,921 | £202,000 | 29 HOLBECK AVENUE |
| 13 Apr 2022 | £290,403 | £282,000 | 25 WHEATLEY CLOSE |
| 26 Nov 2021 | £227,118 | £210,000 | 19 HOLBECK AVENUE |
| 12 Nov 2021 | £151,412 | £140,000 | 30 MALVERN DRIVE |
| 6 Aug 2021 | £128,296 | £115,000 | 4 SHORESWOOD WALK |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 7 Dec 2015. Using an estimated price of £320,715 means this house is valued at £2,838 per sq meter (£263 per sq foot).
The average size of a house on MALVERN DRIVE is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatley Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatley Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Thinford Gardens |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Medbourne Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medbourne Gardens |