£107,480
This estimated value is based upon the latest sale price for the house of £90,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £90,000 | 21 Aug 2020 |
| £44,000 | 31 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2020 the House Price Index for MIDDLESBROUGH was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £90,000 results in an estimated price of approximately £107,480.
| 21 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £90,000 | £17,480 | £107,480 |
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 | -8.894 % | £-8,004 | £81,995 |
| 3 Month Average | 3.830 % | £3,446 | £93,446 |
| 6 Month Average | 18.143 % | £16,328 | £106,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £49,131 | £48,500 | 46 MADDREN WAY |
| 28 Jul 2023 | £151,432 | £150,000 | 45 ADDISON ROAD |
| 11 Nov 2022 | £49,202 | £50,000 | 40 MADDREN WAY |
| 30 Jun 2022 | £107,085 | £106,000 | 11 ADDISON ROAD |
| 5 Nov 2021 | £107,715 | £100,000 | 100 ST BARNABAS ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 18 Aug 2020. Using an estimated price of £107,480 means this house is valued at £1,119 per sq meter (£104 per sq foot).
The average size of a house on ADDISON ROAD is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Addison Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Addison Road |
| Mar 2024 | Anti-social behaviour | On or near Addison Road | |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Lewis Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Lewis Road |