£261,827
This estimated value is based upon the latest sale price for the house of £150,000 on 6 May 2006. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £150,000 | 6 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 2006 the House Price Index for MIDDLESBROUGH was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £150,000 results in an estimated price of approximately £261,827.
| 6 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £150,000 | £111,827 | £261,827 |
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 | -0.013 % | £-18 | £149,981 |
| 3 Month Average | 6.175 % | £9,262 | £159,262 |
| 6 Month Average | 15.021 % | £22,531 | £172,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £65,574 | £65,000 | 20 ALBERT GATE APARTMENTS PARK ROAD SOUTH |
| 26 Apr 2023 | £61,159 | £60,500 | 11 ALBERT GATE APARTMENTS PARK ROAD SOUTH |
| 10 Mar 2023 | £161,522 | £160,000 | 355 LINTHORPE ROAD |
| 21 Feb 2023 | £61,958 | £62,000 | 14 ALBERT GATE APARTMENTS PARK ROAD SOUTH |
| 27 Jan 2023 | £81,616 | £82,000 | 8 CAXTON STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 31 Jan 2020. Using an estimated price of £261,828 means this house is valued at £6,545 per sq meter (£608 per sq foot).
The average size of a house on PARK ROAD SOUTH is 81 sq meters (879 sq feet).