£57,733
This estimated value is based upon the latest sale price for the house of £50,000 on 5 Nov 2020. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£50,000 | 5 Nov 2020 |
£11,200 | 7 Oct 2002 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 2020 the House Price Index for MIDDLESBROUGH was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £50,000 results in an estimated price of approximately £57,733.
5 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.0 | 15.467 % | £50,000 | £7,733 | £57,733 |
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 | 21.988 % | £10,993 | £60,993 |
3 Month Average | 17.452 % | £8,725 | £58,725 |
6 Month Average | 9.886 % | £4,943 | £54,943 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £98,230 | £97,500 | 96 LANGRIDGE CRESCENT |
28 Apr 2022 | £112,821 | £110,000 | 5 CROSSFELL ROAD |
20 Apr 2022 | £82,051 | £80,000 | 6 FEWSTON CLOSE |
8 Apr 2022 | £71,795 | £70,000 | 18 CROSSFELL ROAD |
8 Apr 2022 | £82,051 | £80,000 | 13 PENRITH ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 10 Jul 2014. Using an estimated price of £57,734 means this house is valued at £1,012 per sq meter (£94 per sq foot).
The average size of a house on CULGAITH AVENUE is 108 sq meters (1,167 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Culgaith Avenue |