£124,374
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Nov 2021. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £115,000 | 16 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2021 the House Price Index for MIDDLESBROUGH was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £115,000 results in an estimated price of approximately £124,374.
| 16 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £115,000 | £9,374 | £124,374 |
The Postcode Pricing Model uses changes in average sales price within the TS4 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 | -33.899 % | £-38,984 | £76,015 |
| 3 Month Average | -17.367 % | £-19,972 | £95,027 |
| 6 Month Average | -14.532 % | £-16,711 | £98,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £126,619 | £125,000 | 2 PEMBERTON CRESCENT |
| 28 Jul 2023 | £129,239 | £127,500 | 9 KILBURN ROAD |
| 21 Jul 2023 | £50,682 | £50,000 | 2 KILBURN ROAD |
| 30 Jun 2023 | £91,104 | £90,000 | 16 PEMBERTON CRESCENT |
| 20 Jun 2023 | £156,901 | £155,000 | 26 HOSKINS LANE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 5 Jul 2021. Using an estimated price of £124,374 means this house is valued at £1,081 per sq meter (£100 per sq foot).
The average size of a house on PEVENSEY CLOSE is 126 sq meters (1,364 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Pevensey Close | |
| Feb 2024 | Anti-social behaviour | On or near Pevensey Close | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Kirkham Row |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kirkham Row |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kirkham Row |