£50,263
This estimated value is based upon the latest sale price for the house of £27,000 on 18 Mar 2005. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £27,000 | 18 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 March 2005 the House Price Index for MIDDLESBROUGH was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £27,000 results in an estimated price of approximately £50,263.
| 18 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.160 % | £27,000 | £23,263 | £50,263 |
The Postcode Pricing Model uses changes in average sales price within the TS4 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 | -21.500 % | £-5,804 | £21,195 |
| 3 Month Average | 18.440 % | £4,978 | £31,978 |
| 6 Month Average | 43.934 % | £11,862 | £38,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £587,913 | £580,000 | 1 ANGLE COURT MARTON ROAD |
| 10 Feb 2023 | £79,946 | £80,000 | 32 ANGLE STREET |
| 29 Jul 2022 | £67,181 | £67,000 | 39 ANGLE STREET |
| 19 Jul 2022 | £145,391 | £145,000 | 48 LOTHIAN ROAD |
| 7 Jun 2022 | £121,720 | £120,000 | 24 LOTHIAN ROAD |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 7 Sep 2020. Using an estimated price of £50,263 means this house is valued at £1,478 per sq meter (£137 per sq foot).