£24,882
This estimated value is based upon the latest sale price for the house of £25,000 on 3 Jan 2023. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£25,000 | 3 Jan 2023 |
£35,000 | 10 Feb 2006 |
£17,500 | 23 Aug 2003 |
£14,000 | 7 Oct 2002 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 January 2023 the House Price Index for MIDDLESBROUGH was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £25,000 results in an estimated price of approximately £24,882.
3 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £25,000 | £-117 | £24,882 |
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 | 6.239 % | £1,559 | £26,559 |
3 Month Average | -8.667 % | £-2,166 | £22,833 |
6 Month Average | -3.192 % | £-798 | £24,201 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £33,496 | £33,000 | 2 KINDERSLEY STREET |
31 Aug 2023 | £38,335 | £38,000 | 44 NORCLIFFE STREET |
23 Aug 2023 | £40,348 | £39,995 | 92 THORNTON STREET |
27 Jul 2023 | £53,723 | £53,000 | 121 THORNTON STREET |
3 Mar 2023 | £42,399 | £42,000 | 39 MACBEAN STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 11 Jul 2013. Using an estimated price of £24,883 means this house is valued at £350 per sq meter (£32 per sq foot).
The average size of a house on MACBEAN STREET is 70 sq meters (763 sq feet).