£129,670
This estimated value is based upon the latest sale price for the house of £96,000 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
There have been two burglaries within the last year on or near Merlin Road
More crime details
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Price Paid | Date |
---|---|
£96,000 | 18 Mar 2016 |
£100,000 | 27 Aug 2009 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 734 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 March 2016 the House Price Index for MIDDLESBROUGH was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £96,000 results in an estimated price of approximately £129,670.
18 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £96,000 | £33,670 | £129,670 |
The Postcode Pricing Model uses changes in average sales price within the TS3 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 | 13.185 % | £12,657 | £108,657 |
3 Month Average | -11.505 % | £-11,045 | £84,954 |
6 Month Average | 4.337 % | £4,163 | £100,163 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £71,052 | £70,000 | 37 PALLISTER AVENUE |
7 Jun 2023 | £65,797 | £65,000 | 6 MERLIN ROAD |
28 Mar 2023 | £105,999 | £105,000 | 38 FALCON ROAD |
3 Feb 2023 | £94,936 | £95,000 | 7 FALCON ROAD |
20 Jan 2023 | £94,555 | £95,000 | 61 MERLIN ROAD |
This house has a floor area of 68 sq meters or 734 sq feet when measured on 4 Nov 2008. Using an estimated price of £129,671 means this house is valued at £1,899 per sq meter (£176 per sq foot).
The average size of a house on MERLIN ROAD is 92 sq meters (994 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Merlin Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Merlin Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Falcon Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Road |