£84,815
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Jan 2022. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £80,000 | 11 Jan 2022 |
| £39,500 | 22 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 January 2022 the House Price Index for MIDDLESBROUGH was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £80,000 results in an estimated price of approximately £84,815.
| 11 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £80,000 | £4,815 | £84,815 |
The Postcode Pricing Model uses changes in average sales price within the TS4 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 | 1.436 % | £1,148 | £81,148 |
| 3 Month Average | -4.416 % | £-3,532 | £76,467 |
| 6 Month Average | -1.735 % | £-1,387 | £78,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £87,500 | £87,500 | 59 WELLESLEY ROAD |
| 6 Oct 2023 | £82,882 | £81,000 | 5 BRINE STREET |
| 15 Jun 2023 | £93,371 | £91,500 | 56 WELLESLEY ROAD |
| 21 Apr 2023 | £88,658 | £87,000 | 60 WELLESLEY ROAD |
| 10 Feb 2023 | £95,639 | £95,000 | 71 WELLESLEY ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 May 2018. Using an estimated price of £84,816 means this house is valued at £831 per sq meter (£77 per sq foot).
The average size of a house on WELLESLEY ROAD is 108 sq meters (1,166 sq feet).