127, CLOUGH CLOSE, MIDDLESBROUGH, TS5 5EU - £50,000

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.

127 CLOUGH CLOSE is a very small flat of 32m², built sometime between 2007 and 2011, which could now be worth an estimated £60,468. It was last sold for £50,000 in February 2019, which was around 19% below the average February 2019 flat price in the Middlesbrough local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

127 CLOUGH CLOSE Sold Prices

Land registry data shows two sales for 127 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 127 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 8 FEB	£50,000	£61,657	19% below HPI
2007 19 DEC	£88,600	£82,128	8% above HPI

What might 127 CLOUGH CLOSE be worth now?

127 CLOUGH CLOSE might now be worth an estimated £60,468.

This is based on house price inflation of 20.9%, between February 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 20.9% inflationary increase is applied to the most recent sale price for 127 CLOUGH CLOSE of £50,000 on 8th February 2019. For the value to have increased from £50,000 to £60,468 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 127 CLOUGH CLOSE has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The February 2019 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 127 CLOUGH CLOSE has not materially changed since February 2019.

How Large is 127 CLOUGH CLOSE?

127 CLOUGH CLOSE is 32m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of flats in Middlesbrough, based on EPC data. 2% of flats are smaller than 127 CLOUGH CLOSE, and 98% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

127 CLOUGH CLOSE: Plot

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

Where is 127 CLOUGH CLOSE?

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