£748,499
This estimated value is based upon the latest sale price for the house of £735,000 on 15 Aug 2023. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
There has been one burglary within the last year on or near Low Lane
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| Price Paid | Date |
|---|---|
| £735,000 | 15 Aug 2023 |
| £320,000 | 30 Sep 2005 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 August 2023 the House Price Index for MIDDLESBROUGH was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £735,000 results in an estimated price of approximately £748,499.
| 15 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £735,000 | £13,499 | £748,499 |
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 | -3.636 % | £-26,724 | £708,275 |
| 3 Month Average | -8.222 % | £-60,433 | £674,566 |
| 6 Month Average | -0.192 % | £-1,412 | £733,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £140,000 | £140,000 | 12 CRADLEY DRIVE |
| 18 Apr 2024 | £186,621 | £185,000 | 4 LINCOMBE DRIVE |
| 28 Mar 2024 | £137,107 | £135,000 | 67 LYNMOUTH CLOSE |
| 22 Nov 2023 | £205,209 | £200,000 | 92 CRADLEY DRIVE |
| 5 Oct 2023 | £209,764 | £205,000 | 34 THE OVAL |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 9 Nov 2009. Using an estimated price of £748,500 means this house is valued at £6,036 per sq meter (£560 per sq foot).
The average size of a house on LOW LANE is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Low Lane |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Low Lane |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Low Lane |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Low Lane |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Low Lane |