3, PARKWAY DRIVE, MIDDLESBROUGH, TS6 0NU - £228,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 PARKWAY DRIVE is a small semi-detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £233,364. It was last sold for £228,000 in May 2024, which was around 51% above the average May 2024 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

3 PARKWAY DRIVE Sold Prices

Land registry data shows two sales for 3 PARKWAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 3 PARKWAY DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 24 MAY	£228,000	£150,888	51% above HPI
2006 5 MAY	£152,000	£108,853	40% above HPI

3 PARKWAY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 3 PARKWAY DRIVE sales from May 2006 and May 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2006 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2024 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 3 PARKWAY DRIVE be worth now?

3 PARKWAY DRIVE might now be worth an estimated £233,364.

This is based on house price inflation of 2.4%, between May 2024 and February 2025, for semi-detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% inflationary increase is applied to the most recent sale price for 3 PARKWAY DRIVE of £228,000 on 24th May 2024. For the value to have increased from £228,000 to £233,364 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 3 PARKWAY DRIVE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The May 2024 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKWAY DRIVE has not materially changed since May 2024.

How Large is 3 PARKWAY DRIVE?

3 PARKWAY DRIVE is 91m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of semi-detached houses houses in Eston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Eston, and where 3 PARKWAY DRIVE lies on this distribution: 35% of semi-detached houses houses are smaller than 3 PARKWAY DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Eston.

3 PARKWAY DRIVE: Plot and Title Map

3 PARKWAY DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 3 PARKWAY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 PARKWAY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 PARKWAY DRIVE?

3 PARKWAY DRIVE is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 3 on PARKWAY DRIVE.