£122,965
This estimated value is based upon the latest sale price for the house of £80,000 on 13 Jun 2014. 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 Grove Road
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| Price Paid | Date |
|---|---|
| £80,000 | 13 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2014 the House Price Index for MIDDLESBROUGH was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £80,000 results in an estimated price of approximately £122,965.
| 13 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £80,000 | £42,965 | £122,965 |
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 | 32.068 % | £25,654 | £105,654 |
| 3 Month Average | 2.954 % | £2,363 | £82,363 |
| 6 Month Average | 27.858 % | £22,286 | £102,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £58,015 | £57,000 | 7 MOSES STREET |
| 4 Aug 2023 | £55,485 | £55,000 | 14 LIVINGSTONE ROAD |
| 4 Aug 2023 | £49,432 | £49,000 | 11 LIVINGSTONE ROAD |
| 15 Jun 2023 | £177,146 | £175,000 | 26 MILLFIELD ROAD |
| 6 Jun 2023 | £89,079 | £88,000 | 23 LIVINGSTONE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Sep 2014. Using an estimated price of £122,966 means this house is valued at £1,556 per sq meter (£144 per sq foot).
The average size of a house on OAKFIELD ROAD is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Road |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Grove Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Road |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Oakfield Road |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Westbourne Grove |