£30,762
This estimated value is based upon the latest sale price for the house of £23,000 on 24 May 2016. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £23,000 | 24 May 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 597 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 2016 the House Price Index for MIDDLESBROUGH was 110.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.749%.Applying this 33.749% change to the original purchase price of £23,000 results in an estimated price of approximately £30,762.
| 24 May 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.0 | 33.749 % | £23,000 | £7,762 | £30,762 |
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 | 211.198 % | £48,575 | £71,575 |
| 3 Month Average | 27.756 % | £6,383 | £29,383 |
| 6 Month Average | 14.329 % | £3,295 | £26,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Dec 2020 | £50,295 | £44,000 | 3 ALWENT ROAD |
| 13 Jul 2020 | £42,151 | £35,000 | 21 HORNBY CLOSE |
| 30 Apr 2020 | £171,167 | £140,000 | 12 BOROUGH ROAD |
| 15 Apr 2020 | £171,167 | £140,000 | 14 BOROUGH ROAD |
| 18 Nov 2019 | £2,778,898 | £2,275,000 | ORMESBY GRANGE CARE HOME ORMESBY ROAD |
This house has a floor area of 55 sq meters or 597 sq feet when measured on 17 Jun 2010. Using an estimated price of £30,762 means this house is valued at £554 per sq meter (£51 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westward Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Westward Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westward Close |
| Apr 2024 | Anti-social behaviour | On or near Westward Close | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westward Close |