£56,587
This estimated value is based upon the latest sale price for the house of £45,000 on 17 Apr 2018. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £45,000 | 17 Apr 2018 |
| £29,000 | 30 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 April 2018 the House Price Index for MIDDLESBROUGH was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £45,000 results in an estimated price of approximately £56,587.
| 17 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £45,000 | £11,587 | £56,587 |
The Postcode Pricing Model uses changes in average sales price within the TS1 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 | 54.794 % | £24,657 | £69,657 |
| 3 Month Average | 34.776 % | £15,649 | £60,649 |
| 6 Month Average | 23.715 % | £10,671 | £55,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £55,000 | £55,000 | 28 WARWICK STREET |
| 29 Jun 2023 | £67,350 | £66,000 | 13 WARWICK STREET |
| 17 Apr 2023 | £86,620 | £85,000 | 67 CRESCENT ROAD |
| 17 Nov 2022 | £89,581 | £90,000 | 40 AIRE STREET |
| 21 Mar 2022 | £67,856 | £65,000 | 55 WORCESTER STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 21 Oct 2017. Using an estimated price of £56,587 means this house is valued at £554 per sq meter (£51 per sq foot).
The average size of a house on CRESCENT ROAD is 102 sq meters (1,106 sq feet).