£674,826
This estimated value is based upon the latest sale price for the house of £385,000 on 23 Oct 2009. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £385,000 | 23 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 233 sq meters or 2,516 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 October 2009 the House Price Index for MIDDLESBROUGH was 84.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 75.280%.Applying this 75.280% change to the original purchase price of £385,000 results in an estimated price of approximately £674,826.
| 23 Oct 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.0 | 75.280 % | £385,000 | £289,826 | £674,826 |
The Postcode Pricing Model uses changes in average sales price within the TS5 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 | -4.355 % | £-16,765 | £368,234 |
| 3 Month Average | 7.991 % | £30,766 | £415,766 |
| 6 Month Average | 14.923 % | £57,452 | £442,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £202,601 | £200,000 | 92 CRADLEY DRIVE |
| 15 Aug 2023 | £739,497 | £735,000 | 136 LOW LANE |
| 28 Apr 2023 | £161,198 | £160,000 | 26 THE OVAL |
| 11 Nov 2022 | £364,096 | £370,000 | 81 LOW LANE |
| 19 Aug 2022 | £104,295 | £105,000 | 7 MELTON WALK |
This house has a floor area of 233 sq meters or 2,516 sq feet when measured on 18 Nov 2008. Using an estimated price of £674,826 means this house is valued at £2,885 per sq meter (£268 per sq foot).
The average size of a house on LOW LANE is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincombe Drive |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Lincombe Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincombe Drive |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Belmont Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belmont Avenue |