£365,980
This estimated value is based upon the latest sale price for the house of £290,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £290,000 | 6 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 2017 the House Price Index for MIDDLESBROUGH was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £290,000 results in an estimated price of approximately £365,980.
| 6 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £290,000 | £75,980 | £365,980 |
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 | -1.848 % | £-5,359 | £284,640 |
| 3 Month Average | 4.136 % | £11,993 | £301,993 |
| 6 Month Average | 9.215 % | £26,722 | £316,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £203,005 | £200,000 | 92 CRADLEY DRIVE |
| 15 Aug 2023 | £741,487 | £735,000 | 136 LOW LANE |
| 20 Jul 2022 | £170,459 | £170,000 | 100 CRADLEY DRIVE |
| 4 Jul 2022 | £131,855 | £131,500 | 31 LYNMOUTH CLOSE |
| 17 May 2022 | £183,457 | £180,000 | 77 CRADLEY DRIVE |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 1 Aug 2012. Using an estimated price of £365,980 means this house is valued at £2,140 per sq meter (£198 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 Mowbray Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mowbray Drive |
| Mar 2024 | Drugs | Further action is not in the public interest | On or near Mowbray Drive |
| Mar 2024 | Anti-social behaviour | On or near Mowbray Drive | |
| Mar 2024 | Anti-social behaviour | On or near Mowbray Drive |