112, CLOUGH CLOSE, MIDDLESBROUGH, TS5 5ET - £58,000

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.

112 CLOUGH CLOSE is a midsized flat of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £70,549. It was last sold for £58,000 in January 2015, which was around 5% below the average January 2015 flat price in the Middlesbrough local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was C.

112 CLOUGH CLOSE Sold Prices

Land registry data shows three sales for 112 CLOUGH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Middlesbrough local authority area for the corresponding sale date. Two of the three 112 CLOUGH CLOSE sales were for below the average price, whilst one was 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
2015 6 JAN	£58,000	£61,302	5% below HPI
2014 16 OCT	£47,500	£63,694	25% below HPI
2007 22 JUN	£112,500	£80,716	39% above HPI

What might 112 CLOUGH CLOSE be worth now?

112 CLOUGH CLOSE might now be worth an estimated £70,549.

This is based on house price inflation of 21.6%, between January 2015 and May 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 21.6% inflationary increase is applied to the most recent sale price for 112 CLOUGH CLOSE of £58,000 on 6th January 2015. For the value to have increased from £58,000 to £70,549 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 112 CLOUGH CLOSE has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The January 2015 sale price of £58,000 represented a fair market value for the property.
• The size, condition, and specification of 112 CLOUGH CLOSE has not materially changed since January 2015.

How Large is 112 CLOUGH CLOSE?

112 CLOUGH CLOSE is 55m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of flats in Middlesbrough, based on EPC data. 45% of flats are smaller than 112 CLOUGH CLOSE, and 51% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

112 CLOUGH CLOSE: Plot

112 CLOUGH CLOSE sits on a plot of roughly 0.310 of an acre, or 1,253m².

Where is 112 CLOUGH CLOSE?

112 CLOUGH CLOSE is located in MIDDLESBROUGH, in the TS5 postcode district.