£142,517
This estimated value is based upon the latest sale price for the house of £90,000 on 24 Feb 2014. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £90,000 | 24 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 February 2014 the House Price Index for MIDDLESBROUGH was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £90,000 results in an estimated price of approximately £142,517.
| 24 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £90,000 | £52,517 | £142,517 |
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 | 23.806 % | £21,425 | £111,425 |
| 3 Month Average | 23.296 % | £20,965 | £110,965 |
| 6 Month Average | 28.859 % | £25,973 | £115,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £95,838 | £95,000 | 9 PARK AVENUE SOUTH |
| 28 Jul 2023 | £143,937 | £142,000 | 18 CARGO FLEET LANE |
| 3 Jul 2023 | £127,719 | £126,000 | 34 CARGO FLEET LANE |
| 7 Jul 2022 | £149,402 | £149,000 | 12 PARK AVENUE NORTH |
| 20 May 2022 | £162,053 | £159,000 | 10 EASTBOURNE GARDENS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 11 Oct 2013. Using an estimated price of £142,517 means this house is valued at £2,127 per sq meter (£197 per sq foot).
The average size of a house on CARGO FLEET LANE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Somerville Avenue |
| Mar 2024 | Anti-social behaviour | On or near Park Avenue North | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Avenue North |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Avenue North |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Avenue North |