£48,113
This estimated value is based upon the latest sale price for the house of £13,750 on 20 Mar 2001. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £13,750 | 20 Mar 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 March 2001 the House Price Index for MIDDLESBROUGH was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £13,750 results in an estimated price of approximately £48,113.
| 20 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.6 | 249.920 % | £13,750 | £34,363 | £48,113 |
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 | 280.104 % | £38,514 | £52,264 |
| 3 Month Average | 298.850 % | £41,091 | £54,841 |
| 6 Month Average | 302.464 % | £41,588 | £55,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £121,306 | £120,000 | 187 CRESCENT ROAD |
| 20 Oct 2022 | £24,734 | £25,000 | 8 MEATH STREET |
| 24 Jun 2022 | £53,760 | £53,000 | 44 MEATH STREET |
| 13 May 2022 | £68,287 | £67,000 | 38 MEATH STREET |
| 6 May 2022 | £71,344 | £70,000 | 180 CRESCENT ROAD |