£40,596
This estimated value is based upon the latest sale price for the house of £39,995 on 7 Nov 2023. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £39,995 | 7 Nov 2023 |
| Flats/Maisonettes |
| Leasehold |
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 November 2023 the House Price Index for MIDDLESBROUGH was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £39,995 results in an estimated price of approximately £40,596.
| 7 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £39,995 | £601 | £40,596 |
The Postcode Pricing Model uses changes in average sales price within the TS8 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 | -76.922 % | £-30,764 | £9,230 |
| 3 Month Average | 3.192 % | £1,276 | £41,271 |
| 6 Month Average | 9.344 % | £3,737 | £43,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £40,596 | £39,995 | 40 OTTERHILL COURT |
| 30 May 2022 | £259,897 | £255,000 | 60 LOW LANE |
| 6 May 2022 | £119,247 | £117,000 | 21 NORTHLEACH DRIVE |
| 20 Apr 2022 | £64,877 | £63,000 | 15 PHOENIX PARK |
| 1 Mar 2022 | £93,264 | £90,000 | 3 OFFERTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Otterhill Court | |
| Jan 2024 | Anti-social behaviour | On or near Otterhill Court | |
| Jan 2024 | Anti-social behaviour | On or near Otterhill Court | |
| Mar 2024 | Anti-social behaviour | On or near Oldstead Court | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oldstead Court |