£74,000
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Jan 2015. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£50,000 | 15 Jan 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 January 2015 the House Price Index for MIDDLESBROUGH was 100.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 48.000%.Applying this 48.000% change to the original purchase price of £50,000 results in an estimated price of approximately £74,000.
15 Jan 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 148.0 | 48.000 % | £50,000 | £24,000 | £74,000 |
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 | 227.217 % | £113,608 | £163,608 |
3 Month Average | 51.103 % | £25,551 | £75,551 |
6 Month Average | 33.898 % | £16,948 | £66,948 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £90,500 | £89,950 | 6 ESHWOOD SQUARE |
17 Dec 2020 | £50,295 | £44,000 | 3 ALWENT ROAD |
15 Jul 2020 | £31,312 | £26,000 | 32 ALWENT ROAD |
13 Jul 2020 | £42,151 | £35,000 | 21 HORNBY CLOSE |
18 Mar 2019 | £57,829 | £47,000 | 32 AMMERSTON ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 8 Sep 2020. Using an estimated price of £74,000 means this house is valued at £1,321 per sq meter (£122 per sq foot).
The average size of a house on ALWENT ROAD is 83 sq meters (893 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Alwent Road | |
Feb 2024 | Anti-social behaviour | On or near Alwent Road | |
Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Alwent Road |
Feb 2024 | Drugs | Awaiting court outcome | On or near Alwent Road |
Feb 2024 | Anti-social behaviour | On or near Alwent Road |