£130,316
This estimated value is based upon the latest sale price for the house of £75,950 on 19 Sep 2006. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £75,950 | 19 Sep 2006 |
| £18,500 | 31 Mar 2000 |
| £29,000 | 21 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 966 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 September 2006 the House Price Index for MIDDLESBROUGH was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £75,950 results in an estimated price of approximately £130,316.
| 19 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £75,950 | £54,366 | £130,316 |
The Postcode Pricing Model uses changes in average sales price within the TS1 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 | 7.182 % | £5,454 | £81,404 |
| 3 Month Average | 19.821 % | £15,053 | £91,003 |
| 6 Month Average | 21.421 % | £16,269 | £92,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £85,000 | £85,000 | 8 NUGENT AVENUE |
| 23 Apr 2024 | £40,350 | £40,000 | 40 LAYCOCK STREET |
| 12 Apr 2024 | £47,412 | £47,000 | 66 ORWELL STREET |
| 27 Nov 2023 | £45,146 | £44,000 | 75 LEVEN STREET |
| 1 Sep 2023 | £63,398 | £62,000 | 24 LEVEN STREET |
This house has a floor area of 89 sq meters or 966 sq feet when measured on 21 Sep 2010. Using an estimated price of £130,316 means this house is valued at £1,451 per sq meter (£134 per sq foot).
The average size of a house on LAYCOCK STREET is 85 sq meters (915 sq feet).