£244,574
This estimated value is based upon the latest sale price for the house of £240,000 on 27 Apr 2023. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
There has been one burglary within the last year on or near Lexden Avenue
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| Price Paid | Date |
|---|---|
| £240,000 | 27 Apr 2023 |
| £175,000 | 7 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 April 2023 the House Price Index for MIDDLESBROUGH was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £240,000 results in an estimated price of approximately £244,574.
| 27 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £240,000 | £4,574 | £244,574 |
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 | -21.782 % | £-52,277 | £187,722 |
| 3 Month Average | -1.662 % | £-3,989 | £236,010 |
| 6 Month Average | 3.674 % | £8,817 | £248,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £157,871 | £156,500 | 60 MANDALE ROAD |
| 1 Dec 2023 | £149,597 | £145,000 | 36 LEXDEN AVENUE |
| 30 Aug 2023 | £181,269 | £178,000 | 75 CHALFORD OAKS |
| 24 Aug 2023 | £203,623 | £199,950 | 27 STONELEIGH AVENUE |
| 27 Apr 2023 | £244,575 | £240,000 | 6 LEXDEN AVENUE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 10 Jul 2013. Using an estimated price of £244,575 means this house is valued at £1,528 per sq meter (£142 per sq foot).
The average size of a house on LEXDEN AVENUE is 120 sq meters (1,294 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lexden Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lexden Avenue |
| Jun 2024 | Drugs | Under investigation | On or near Lexden Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lexden Avenue |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Lexden Avenue |