40, MADDREN WAY, MIDDLESBROUGH, TS5 5BB - £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.

40 MADDREN WAY is a very small flat of 30m², built sometime between 2003 and 2006, which could now be worth an estimated £48,461. It was last sold for £50,000 in November 2022, which was around 35% below the average November 2022 flat price in the Middlesbrough local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

40 MADDREN WAY Sold Prices

Land registry data shows three sales for 40 MADDREN WAY 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 40 MADDREN WAY 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
2022 11 NOV	£50,000	£77,115	35% below HPI
2013 4 JAN	£67,000	£59,444	13% above HPI
2006 23 JUN	£75,500	£77,073	2% below HPI

What might 40 MADDREN WAY be worth now?

40 MADDREN WAY might now be worth an estimated £48,461.

This is based on house price deflation of 3.1%, between November 2022 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 3.1% deflationary decrease is applied to the most recent sale price for 40 MADDREN WAY of £50,000 on 11th November 2022. For the value to have decreased from £50,000 to £48,461 over the four years and seven months to April 2026, the following assumptions must hold true:

• The value of 40 MADDREN WAY has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The November 2022 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MADDREN WAY has not materially changed since November 2022.

How Large is 40 MADDREN WAY?

40 MADDREN WAY is 30m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of flats in Middlesbrough, based on EPC data. 1% of flats are smaller than 40 MADDREN WAY, and 98% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

40 MADDREN WAY: Plot

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

Where is 40 MADDREN WAY?

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