£485,688
This estimated value is based upon the latest sale price for the house of £450,000 on 13 Dec 2021. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £450,000 | 13 Dec 2021 |
| 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 December 2021 the House Price Index for MIDDLESBROUGH was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £450,000 results in an estimated price of approximately £485,688.
| 13 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £450,000 | £35,688 | £485,688 |
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 | 26.178 % | £117,802 | £567,802 |
| 3 Month Average | 0.977 % | £4,395 | £454,395 |
| 6 Month Average | 20.234 % | £91,050 | £541,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £120,000 | £120,000 | 11 PALM STREET |
| 12 Apr 2024 | £857,446 | £850,000 | 41 - 45 GRANGE ROAD |
| 31 Aug 2023 | £101,837 | £100,000 | 186 BOROUGH ROAD |
| 24 Feb 2023 | £40,264 | £39,995 | 13 PALM STREET |
| 9 Feb 2023 | £70,471 | £70,000 | 16 PALM STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Awaiting court outcome | On or near Melrose Street |
| Sep 2024 | Anti-social behaviour | On or near Melrose Street | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melrose Street |
| Jul 2024 | Public order | Under investigation | On or near Melrose Street |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Melrose Street |