£126,449
This estimated value is based upon the latest sale price for the house of £77,000 on 19 Jan 2007. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £77,000 | 19 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2007 the House Price Index for MIDDLESBROUGH was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £77,000 results in an estimated price of approximately £126,449.
| 19 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £77,000 | £49,449 | £126,449 |
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 | -8.931 % | £-6,876 | £70,123 |
| 3 Month Average | -13.511 % | £-10,403 | £66,596 |
| 6 Month Average | -4.255 % | £-3,276 | £73,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £60,902 | £60,000 | 15 BURWELL ROAD |
| 14 Aug 2023 | £92,308 | £91,500 | 21 FULBECK ROAD |
| 7 Aug 2023 | £96,847 | £96,000 | 42 ELKINGTON WALK |
| 22 Jun 2023 | £113,879 | £112,500 | 2 BURWELL ROAD |
| 27 Apr 2023 | £1,516,323 | £1,499,996 | MIDDLESBROUGH GRANGE FOSDYKE GREEN |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Nov 2015. Using an estimated price of £126,450 means this house is valued at £1,523 per sq meter (£141 per sq foot).
The average size of a house on ELKINGTON WALK is 104 sq meters (1,125 sq feet).