£49,467
This estimated value is based upon the latest sale price for the house of £40,000 on 4 Apr 2019. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £40,000 | 4 Apr 2019 |
| £111,000 | 19 Dec 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for MIDDLESBROUGH was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £40,000 results in an estimated price of approximately £49,467.
| 4 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £40,000 | £9,467 | £49,467 |
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 | -14.196 % | £-5,678 | £34,321 |
| 3 Month Average | 6.847 % | £2,738 | £42,738 |
| 6 Month Average | 11.792 % | £4,716 | £44,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £50,476 | £50,000 | FLAT 27 DOUGLAS COURT DOUGLAS STREET |
| 23 Aug 2022 | £142,915 | £143,300 | 179 MARTON ROAD |
| 12 Jul 2022 | £100,270 | £100,000 | 262 BOROUGH ROAD |
| 1 Jul 2022 | £117,817 | £117,500 | 72 DOUGLAS STREET |
| 10 Jan 2022 | £115,765 | £110,000 | 183 MARTON ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Mar 2019. Using an estimated price of £49,467 means this house is valued at £867 per sq meter (£80 per sq foot).
The average size of a house on DOUGLAS STREET is 57 sq meters (619 sq feet).