£68,669
This estimated value is based upon the latest sale price for the house of £65,000 on 15 Feb 2022. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£65,000 | 15 Feb 2022 |
£67,500 | 1 Aug 2011 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 February 2022 the House Price Index for MIDDLESBROUGH was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £65,000 results in an estimated price of approximately £68,669.
15 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £65,000 | £3,669 | £68,669 |
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 | 19.762 % | £12,844 | £77,844 |
3 Month Average | 36.333 % | £23,616 | £88,616 |
6 Month Average | 22.427 % | £14,577 | £79,577 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 May 2024 | £85,000 | £85,000 | 8 NUGENT AVENUE |
26 Apr 2024 | £54,473 | £54,000 | 6 WEMBLEY STREET |
20 Mar 2024 | £53,319 | £52,500 | 9 CARLOW STREET |
14 Dec 2023 | £63,966 | £62,000 | 3 WEMBLEY STREET |
27 Nov 2023 | £45,146 | £44,000 | 75 LEVEN STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 17 Jun 2021. Using an estimated price of £68,670 means this house is valued at £927 per sq meter (£86 per sq foot).
The average size of a house on NESHAM ROAD is 99 sq meters (1,066 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Under investigation | On or near Nesham Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Nesham Road |
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nesham Road |
Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Nesham Road |
Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Nesham Road |