51, MADDREN WAY, MIDDLESBROUGH, TS5 5BB - £83,000

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.

51 MADDREN WAY is a flat, which could now be worth an estimated £80,268. It was last sold for £83,000 in April 2008, which was around 7% above the average April 2008 flat price in the Middlesbrough local authority area.

51 MADDREN WAY Sold Prices

Land registry data shows two sales for 51 MADDREN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Middlesbrough local authority area for the corresponding sale date. One of the two 51 MADDREN WAY sales was for above the average price, whilst the other was for below 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
2008 30 APR	£83,000	£77,285	7% above HPI
2006 23 JUN	£75,500	£77,073	2% below HPI

What might 51 MADDREN WAY be worth now?

51 MADDREN WAY might now be worth an estimated £80,268.

This is based on house price deflation of 3.3%, between April 2008 and April 2026, for flats, in the Middlesbrough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% deflationary decrease is applied to the most recent sale price for 51 MADDREN WAY of £83,000 on 30th April 2008. For the value to have decreased from £83,000 to £80,268 over the eighteen years to April 2026, the following assumptions must hold true:

• The value of 51 MADDREN WAY has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The April 2008 sale price of £83,000 represented a fair market value for the property.
• The size, condition, and specification of 51 MADDREN WAY has not materially changed since April 2008.

Where is 51 MADDREN WAY?

51 MADDREN WAY is located in MIDDLESBROUGH, in the TS5 postcode district.