£1,094,508
This estimated value is based upon the latest sale price for the house of £323,125 on 9 Jul 2001. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £323,125 | 9 Jul 2001 |
| Terraced |
| Freehold |
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 July 2001 the House Price Index for MIDDLESBROUGH was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £323,125 results in an estimated price of approximately £1,094,508.
| 9 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £323,125 | £771,383 | £1,094,508 |
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 | 243.172 % | £785,748 | £1,108,873 |
| 3 Month Average | 321.914 % | £1,040,183 | £1,363,308 |
| 6 Month Average | 328.454 % | £1,061,315 | £1,384,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £110,000 | £110,000 | 45 NEWPORT ROAD |
| 19 Mar 2024 | £126,950 | £125,000 | 67 NEWPORT ROAD |
| 19 Dec 2023 | £57,775 | £56,000 | 12 ST AIDANS DRIVE |
| 24 Oct 2023 | £281,391 | £275,000 | 52 LINTHORPE ROAD |
| 18 Sep 2023 | £332,326 | £325,000 | 54 - 56 LINTHORPE ROAD |