£656,354
This estimated value is based upon the latest sale price for the house of £545,000 on 16 Jul 2020. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
There have been two burglaries within the last year on or near Merlin Road
More crime details
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| Price Paid | Date |
|---|---|
| £545,000 | 16 Jul 2020 |
| 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 2020 the House Price Index for MIDDLESBROUGH was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £545,000 results in an estimated price of approximately £656,354.
| 16 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £545,000 | £111,354 | £656,354 |
The Postcode Pricing Model uses changes in average sales price within the TS3 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 | -35.850 % | £-195,381 | £349,618 |
| 3 Month Average | -3.934 % | £-21,441 | £523,558 |
| 6 Month Average | 10.745 % | £58,561 | £603,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £70,910 | £70,000 | 37 PALLISTER AVENUE |
| 28 Nov 2023 | £93,196 | £92,000 | 79 PALLISTER AVENUE |
| 11 Aug 2023 | £85,520 | £85,000 | 71 PALLISTER AVENUE |
| 7 Jun 2023 | £65,531 | £65,000 | 6 MERLIN ROAD |
| 28 Mar 2023 | £105,571 | £105,000 | 38 FALCON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Merlin Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Queensway |
| Mar 2024 | Drugs | Offender given a drugs possession warning | On or near Queensway |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Merlin Road |