£84,753
This estimated value is based upon the latest sale price for the house of £41,750 on 7 May 2004. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£41,750 | 7 May 2004 |
Terraced |
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 May 2004 the House Price Index for MIDDLESBROUGH was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £41,750 results in an estimated price of approximately £84,753.
7 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 149.7 | 103.002 % | £41,750 | £43,003 | £84,753 |
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 | 70.055 % | £29,248 | £70,998 |
3 Month Average | 92.437 % | £38,592 | £80,342 |
6 Month Average | 121.388 % | £50,679 | £92,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £63,615 | £62,000 | 21 PELHAM STREET |
11 Oct 2023 | £1,841,832 | £1,800,000 | ENTERPRISE HOUSE, 202 - 206 LINTHORPE ROAD |
1 Jun 2023 | £484,714 | £475,000 | 200 LINTHORPE ROAD |
27 Mar 2023 | £73,223 | £72,000 | 71 PELHAM STREET |
1 Sep 2022 | £114,923 | £115,000 | 47 PELHAM STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 28 Apr 2020. Using an estimated price of £84,753 means this house is valued at £1,486 per sq meter (£138 per sq foot).
The average size of a house on WILTON STREET is 87 sq meters (938 sq feet).