£449,410
This estimated value is based upon the latest sale price for the house of £90,000 on 29 Sep 1997. 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 Pennyman Way
More crime details
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| Price Paid | Date |
|---|---|
| £90,000 | 29 Sep 1997 |
| Detached |
| Freehold |
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 1997 the House Price Index for MIDDLESBROUGH was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £90,000 results in an estimated price of approximately £449,410.
| 29 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £90,000 | £359,410 | £449,410 |
The Postcode Pricing Model uses changes in average sales price within the TS8 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 | 107.664 % | £96,897 | £186,897 |
| 3 Month Average | 198.609 % | £178,748 | £268,748 |
| 6 Month Average | 202.510 % | £182,259 | £272,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £293,956 | £290,000 | 1 HIGH RIFTS |
| 30 Jun 2023 | £308,740 | £305,000 | 1 KELGATE TERRACE |
| 15 Jun 2023 | £334,046 | £330,000 | 11 HIGH RIFTS |
| 17 Feb 2023 | £309,792 | £310,000 | 14 PENNYMAN WAY |
| 18 Jan 2023 | £99,531 | £100,000 | 3 KELGATE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pennyman Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Pennyman Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Rifts |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Strait Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Wynd |