123, CLOUGH CLOSE, MIDDLESBROUGH, TS5 5EU - £39,950

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.

123 CLOUGH CLOSE is a very small flat of 36m², built sometime between 2007 and 2011, which could now be worth an estimated £49,708. It was last sold for £39,950 in March 2019, which was around 33% below the average March 2019 flat price in the Middlesbrough local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

123 CLOUGH CLOSE Sold Prices

Land registry data shows two sales for 123 CLOUGH CLOSE 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 123 CLOUGH CLOSE sales was for below the average price, whilst the other 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
2019 25 MAR	£39,950	£59,927	33% below HPI
2007 21 DEC	£93,000	£82,128	13% above HPI

What might 123 CLOUGH CLOSE be worth now?

123 CLOUGH CLOSE might now be worth an estimated £49,708.

This is based on house price inflation of 24.4%, between March 2019 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 24.4% inflationary increase is applied to the most recent sale price for 123 CLOUGH CLOSE of £39,950 on 25th March 2019. For the value to have increased from £39,950 to £49,708 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 123 CLOUGH CLOSE has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The March 2019 sale price of £39,950 represented a fair market value for the property.
• The size, condition, and specification of 123 CLOUGH CLOSE has not materially changed since March 2019.

How Large is 123 CLOUGH CLOSE?

123 CLOUGH CLOSE is 36m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of flats in Middlesbrough, based on EPC data. 6% of flats are smaller than 123 CLOUGH CLOSE, and 93% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

123 CLOUGH CLOSE: Plot

123 CLOUGH CLOSE sits on a plot of roughly 0.598 of an acre, or 2,421m².

Where is 123 CLOUGH CLOSE?

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