£327,134
This estimated value is based upon the latest sale price for the house of £174,000 on 31 Jan 2005. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £174,000 | 31 Jan 2005 |
| Detached |
| Freehold |
| Floor Area: 199 sq meters or 2,142 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 2005 the House Price Index for MIDDLESBROUGH was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £174,000 results in an estimated price of approximately £327,134.
| 31 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £174,000 | £153,134 | £327,134 |
The Postcode Pricing Model uses changes in average sales price within the TS5 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 | 41.062 % | £71,447 | £245,447 |
| 3 Month Average | 28.030 % | £48,771 | £222,771 |
| 6 Month Average | 37.555 % | £65,346 | £239,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £130,939 | £129,000 | 11 CARMEL GARDENS |
| 25 Jul 2023 | £195,633 | £193,000 | 25 LOW LANE |
| 11 Nov 2022 | £365,572 | £370,000 | 81 LOW LANE |
| 30 Jun 2022 | £187,652 | £185,000 | 26 THE GROVE |
| 13 May 2022 | £290,473 | £285,000 | 37 LOW LANE |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 28 Jan 2014. Using an estimated price of £327,135 means this house is valued at £1,643 per sq meter (£152 per sq foot).
The average size of a house on LOW LANE is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Grove |
| Dec 2023 | Anti-social behaviour | On or near The Grove | |
| Dec 2023 | Anti-social behaviour | On or near The Grove | |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near The Grove |
| Dec 2023 | Anti-social behaviour | On or near The Grove |