£102,086
This estimated value is based upon the latest sale price for the house of £80,000 on 7 Jun 2017. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £80,000 | 7 Jun 2017 |
| £70,000 | 25 Jan 2012 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2017 the House Price Index for MIDDLESBROUGH was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £80,000 results in an estimated price of approximately £102,086.
| 7 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.0 | 27.608 % | £80,000 | £22,086 | £102,086 |
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 | 28.123 % | £22,498 | £102,498 |
| 3 Month Average | 15.188 % | £12,150 | £92,150 |
| 6 Month Average | 23.344 % | £18,675 | £98,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £110,673 | £110,000 | 96 CARGO FLEET LANE |
| 28 Jun 2023 | £60,490 | £60,000 | 86 CARGO FLEET LANE |
| 9 Jun 2023 | £90,736 | £90,000 | 14 RAVENDALE ROAD |
| 21 Nov 2022 | £93,484 | £95,000 | 58 LINDISFARNE ROAD |
| 21 Oct 2022 | £90,160 | £91,500 | 29 RAVENDALE ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 Apr 2013. Using an estimated price of £102,087 means this house is valued at £1,229 per sq meter (£114 per sq foot).
The average size of a house on RAVENDALE ROAD is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woburn Grove |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Woburn Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woburn Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woburn Grove |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woburn Grove |