£76,811
This estimated value is based upon the latest sale price for the house of £59,950 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £59,950 | 30 Jun 2017 |
| £34,500 | 27 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2017 the House Price Index for MIDDLESBROUGH was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £59,950 results in an estimated price of approximately £76,811.
| 30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £59,950 | £16,861 | £76,811 |
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 | 42.532 % | £25,498 | £85,448 |
| 3 Month Average | 9.908 % | £5,940 | £65,890 |
| 6 Month Average | 27.419 % | £16,437 | £76,387 |
| 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 84 sq meters or 904 sq feet when measured on 8 May 2015. Using an estimated price of £76,811 means this house is valued at £914 per sq meter (£84 per sq foot).
The average size of a house on FALCON ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| 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 |