32, MADDREN WAY, MIDDLESBROUGH, TS5 5BB - £38,000

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.

32 MADDREN WAY is a very small flat of 32m², built sometime between 2003 and 2006, which could now be worth an estimated £43,331. It was last sold for £38,000 in January 2021, which was around 42% below the average January 2021 flat price in the Middlesbrough local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was B.

32 MADDREN WAY Sold Prices

Land registry data shows two sales for 32 MADDREN WAY 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. Both of the two 32 MADDREN WAY sales were for below 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 21 JAN	£38,000	£65,545	42% below HPI
2006 23 JUN	£70,000	£77,073	9% below HPI

What might 32 MADDREN WAY be worth now?

32 MADDREN WAY might now be worth an estimated £43,331.

This is based on house price inflation of 14%, between January 2021 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 14% inflationary increase is applied to the most recent sale price for 32 MADDREN WAY of £38,000 on 21st January 2021. For the value to have increased from £38,000 to £43,331 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 32 MADDREN WAY has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The January 2021 sale price of £38,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MADDREN WAY has not materially changed since January 2021.

How Large is 32 MADDREN WAY?

32 MADDREN WAY is 32m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of flats in Middlesbrough, based on EPC data. 3% of flats are smaller than 32 MADDREN WAY, and 97% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

32 MADDREN WAY: Plot

32 MADDREN WAY sits on a plot of roughly 0.451 of an acre, or 1,824m².

Where is 32 MADDREN WAY?

32 MADDREN WAY is located in MIDDLESBROUGH, in the TS5 postcode district.