48, THE LADLE, MIDDLESBROUGH, TS4 3SL - £118,500

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.

48 THE LADLE is a very large flat of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £139,964. It was last sold for £118,500 in July 2019, which was around 88% above the average July 2019 flat price in the Middlesbrough local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

48 THE LADLE Sold Prices

Land registry data shows two sales for 48 THE LADLE 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 48 THE LADLE sales 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 15 JUL	£118,500	£63,130	88% above HPI
2005 8 JUL	£140,000	£69,112	103% above HPI

What might 48 THE LADLE be worth now?

48 THE LADLE might now be worth an estimated £139,964.

This is based on house price inflation of 18.1%, between July 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 18.1% inflationary increase is applied to the most recent sale price for 48 THE LADLE of £118,500 on 15th July 2019. For the value to have increased from £118,500 to £139,964 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 48 THE LADLE has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The July 2019 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 48 THE LADLE has not materially changed since July 2019.

How Large is 48 THE LADLE?

48 THE LADLE is 74m² according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of flats in Middlesbrough, based on EPC data. 84% of flats are smaller than 48 THE LADLE, and 15% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

48 THE LADLE: Plot

48 THE LADLE sits on a plot of roughly 1.6 acres, or 6,460m².

Where is 48 THE LADLE?

48 THE LADLE is located in MIDDLESBROUGH, in the TS4 postcode district.