88, THE AVENUE, MIDDLESBROUGH, TS5 6RT - £145,000

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.

88 THE AVENUE is a midsized extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £157,833. It was last sold for £145,000 in April 2023, which was around 37% below the average April 2023 detached price in the Middlesbrough local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

88 THE AVENUE Sold Prices

Land registry data shows two sales for 88 THE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. Both of the two 88 THE AVENUE sales were 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
2023 3 APR	£145,000	£230,218	37% below HPI
1995 19 JUL	£59,999	£71,016	16% below HPI

88 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The two 88 THE AVENUE sales from July 1995 and April 2023 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 July 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 88 THE AVENUE be worth now?

88 THE AVENUE might now be worth an estimated £157,833.

This is based on house price inflation of 8.9%, between April 2023 and April 2026, for detached houses, in the Middlesbrough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 88 THE AVENUE of £145,000 on 3rd April 2023. For the value to have increased from £145,000 to £157,833 over the three years to April 2026, the following assumptions must hold true:

• The value of 88 THE AVENUE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The April 2023 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 88 THE AVENUE has not materially changed since April 2023.

How Large is 88 THE AVENUE?

88 THE AVENUE is 106m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% of detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlesbrough, and where 88 THE AVENUE lies on this distribution: 42% of detached houses houses are smaller than 88 THE AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

88 THE AVENUE: Plot and Title Map

88 THE AVENUE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 88 THE AVENUE, 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 88 THE AVENUE). 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 88 THE AVENUE?

88 THE AVENUE is located in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of No. 88 on THE AVENUE.