£53,153
This estimated value is based upon the latest sale price for the house of £43,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £43,000 | 3 May 2019 |
| £70,500 | 1 Sep 2008 |
| £54,000 | 6 Feb 2006 |
| £25,000 | 18 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2019 the House Price Index for MIDDLESBROUGH was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £43,000 results in an estimated price of approximately £53,153.
| 3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £43,000 | £10,153 | £53,153 |
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 | 10.617 % | £4,565 | £47,565 |
| 3 Month Average | -5.208 % | £-2,239 | £40,760 |
| 6 Month Average | 1.252 % | £538 | £43,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £50,890 | £50,000 | 13 RYEDALE STREET |
| 8 Sep 2023 | £35,960 | £35,500 | 25 BEAUMONT ROAD |
| 7 Sep 2023 | £55,712 | £55,000 | 12 SADBERGE STREET |
| 8 Jun 2023 | £55,674 | £55,000 | 29 MARIA STREET |
| 21 Apr 2023 | £77,837 | £76,999 | 12 DOROTHY STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 22 Mar 2019. Using an estimated price of £53,154 means this house is valued at £966 per sq meter (£89 per sq foot).
The average size of a house on BEAUMONT ROAD is 83 sq meters (894 sq feet).