18, CLOUGH CLOSE, MIDDLESBROUGH, TS5 5DW - £47,000

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.

18 CLOUGH CLOSE is a small flat of 52m², built sometime between 2003 and 2006, which could now be worth an estimated £56,610. It was last sold for £47,000 in May 2019, which was around 24% below the average May 2019 flat price in the Middlesbrough local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

18 CLOUGH CLOSE Sold Prices

Land registry data shows four sales for 18 CLOUGH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Middlesbrough local authority area for the corresponding sale date. two of the four 18 CLOUGH CLOSE sales were for below the average price, and four were 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 16 MAY	£47,000	£62,053	24% below HPI
2015 25 JUN	£54,000	£63,547	15% below HPI
2006 8 DEC	£135,000	£79,666	69% above HPI
2006 14 MAR	£130,000	£71,515	82% above HPI

What might 18 CLOUGH CLOSE be worth now?

18 CLOUGH CLOSE might now be worth an estimated £56,610.

This is based on house price inflation of 20.4%, between May 2019 and April 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 20.4% inflationary increase is applied to the most recent sale price for 18 CLOUGH CLOSE of £47,000 on 16th May 2019. For the value to have increased from £47,000 to £56,610 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 18 CLOUGH CLOSE has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The May 2019 sale price of £47,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CLOUGH CLOSE has not materially changed since May 2019.

How Large is 18 CLOUGH CLOSE?

18 CLOUGH CLOSE is 52m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 40% of flats in Middlesbrough, based on EPC data. 31% of flats are smaller than 18 CLOUGH CLOSE, and 63% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

18 CLOUGH CLOSE: Plot

18 CLOUGH CLOSE sits on a plot of roughly 0.761 of an acre, or 3,081m².

Where is 18 CLOUGH CLOSE?

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