124, CLOUGH CLOSE, MIDDLESBROUGH, TS5 5EU - £49,000

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.

124 CLOUGH CLOSE is a very small flat of 32m², built sometime between 2003 and 2006, which could now be worth an estimated £53,495. It was last sold for £49,000 in June 2021, which was around 28% below the average June 2021 flat price in the Middlesbrough local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

124 CLOUGH CLOSE Sold Prices

Land registry data shows three sales for 124 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 124 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
2021 25 JUN	£49,000	£68,300	28% below HPI
2017 11 OCT	£42,500	£64,694	34% below HPI
2008 7 MAR	£99,999	£79,542	26% above HPI

What might 124 CLOUGH CLOSE be worth now?

124 CLOUGH CLOSE might now be worth an estimated £53,495.

This is based on house price inflation of 9.2%, between June 2021 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 9.2% inflationary increase is applied to the most recent sale price for 124 CLOUGH CLOSE of £49,000 on 25th June 2021. For the value to have increased from £49,000 to £53,495 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 124 CLOUGH CLOSE has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The June 2021 sale price of £49,000 represented a fair market value for the property.
• The size, condition, and specification of 124 CLOUGH CLOSE has not materially changed since June 2021.

How Large is 124 CLOUGH CLOSE?

124 CLOUGH CLOSE is 32m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of flats in Middlesbrough, based on EPC data. 2% of flats are smaller than 124 CLOUGH CLOSE, and 98% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

124 CLOUGH CLOSE: Plot

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

Where is 124 CLOUGH CLOSE?

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