£92,470
This estimated value is based upon the latest sale price for the house of £50,000 on 6 May 2009. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £50,000 | 6 May 2009 |
| £54,000 | 4 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 May 2009 the House Price Index for MIDDLESBROUGH was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £50,000 results in an estimated price of approximately £92,470.
| 6 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £50,000 | £42,470 | £92,470 |
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 | 41.904 % | £20,951 | £70,951 |
| 3 Month Average | 7.640 % | £3,820 | £53,820 |
| 6 Month Average | 9.779 % | £4,889 | £54,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £52,926 | £52,000 | 47 FALMOUTH STREET |
| 28 Jul 2023 | £65,380 | £64,500 | 45 FALMOUTH STREET |
| 12 Jul 2023 | £52,709 | £52,000 | 7 FALMOUTH STREET |
| 7 Nov 2022 | £71,138 | £72,000 | 52 FALMOUTH STREET |
| 18 May 2022 | £69,306 | £68,000 | 15 FALMOUTH STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 3 Oct 2013. Using an estimated price of £92,470 means this house is valued at £848 per sq meter (£78 per sq foot).
The average size of a house on VICTORIA ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Falmouth Street |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Falmouth Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Falmouth Street |