£113,744
This estimated value is based upon the latest sale price for the house of £65,500 on 2 Jun 2006. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £65,500 | 2 Jun 2006 |
| £50,000 | 28 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2006 the House Price Index for MIDDLESBROUGH was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £65,500 results in an estimated price of approximately £113,744.
| 2 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £65,500 | £48,244 | £113,744 |
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 | 17.926 % | £11,741 | £77,241 |
| 3 Month Average | 13.112 % | £8,588 | £74,088 |
| 6 Month Average | 21.866 % | £14,322 | £79,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £52,500 | £52,500 | 9 CARLOW STREET |
| 1 Sep 2023 | £62,803 | £62,000 | 24 LEVEN STREET |
| 31 Jul 2023 | £63,353 | £62,500 | 45 CARLOW STREET |
| 14 Jul 2023 | £63,859 | £63,000 | 15 WEMBLEY STREET |
| 1 Jun 2023 | £85,029 | £83,999 | 7 CARLOW STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Mar 2013. Using an estimated price of £113,745 means this house is valued at £1,458 per sq meter (£135 per sq foot).
The average size of a house on PARLIAMENT ROAD is 90 sq meters (975 sq feet).